The housing market in Black Rock, AR is performing well above the national average. The median housing value in Black Rock is $80,300, which is significantly lower than the US median of $338,100. However, the 1 year house appreciation rate in Black Rock is 15.59%, which is substantially higher than the 8.27% national average for the same period. This means that properties in Black Rock are appreciating at a rapid rate and are a great investment opportunity for potential homeowners or investors.
The median home cost in Black Rock is $80,300. Home appreciation the last 10 years has been 57.0%. Home Appreciation in Black Rock is up 13.4%.
Average Age of Homes
- The median age of Black Rock real estate is 50 years old
The Rental Market in Black Rock
- Renters make up 23.7% of the Black Rock population
- 0.0% of houses and apartments in Black Rock, 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.