Bay, AR is a prosperous community that has seen significant growth in its housing market. The median value of houses in Bay, AR is $108,100, which is significantly lower than the national median value of $338,100. Over the past year, Bay's housing appreciation rate has been 15.59%, more than double the national average of 8.27%. This increase in house prices suggests that Bay's housing market is strong and growing. As such, it is an attractive option for those looking to buy or invest in real estate.
The median home cost in Bay is $108,100. Home appreciation the last 10 years has been 57.0%. Home Appreciation in Bay is up 13.4%.
Average Age of Homes
- The median age of Bay real estate is 40 years old
The Rental Market in Bay
- Renters make up 37.6% of the Bay population
- 1.9% of houses and apartments in Bay, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.