The housing market in Bigelow, AR is doing well; the median value for a house in the area is $93,700. This is significantly lower than the US median house value of $338,100; however, homeowners have seen a 12.20% appreciation rate over the past year, which is higher than the national average of 8.27%. With such an impressive appreciation rate and relatively low median house values, Bigelow is quickly becoming an attractive option for potential homeowners.
The median home cost in Bigelow is $93,700. Home appreciation the last 10 years has been 56.1%. Home Appreciation in Bigelow is up 15.1%.
Average Age of Homes
- The median age of Bigelow real estate is 35 years old
The Rental Market in Bigelow
- Renters make up 9.1% of the Bigelow population
- 4.0% of houses and apartments in Bigelow, 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.