Housing in Black Springs, AR is very attractive to potential buyers as it is significantly lower than the US House Median Value. The median value of homes in Black Springs is $83,600 compared to the US House Median Value of $338,100. This presents an opportunity for prospective buyers looking for an affordable home. Additionally, the 1 year house appreciation rate in Black Springs is 19.03%, which is higher than the national average of 8.27%. With these advantages, buying a home in Black Springs can be a great investment opportunity for those looking to make their money go farther and benefit from a larger return on their investment.
The median home cost in Black Springs is $83,600. Home appreciation the last 10 years has been 65.8%. Home Appreciation in Black Springs is up 19.0%.
Average Age of Homes
- The median age of Black Springs real estate is 46 years old
The Rental Market in Black Springs
- Renters make up 0.0% of the Black Springs population
- 0.0% of houses and apartments in Black Springs, 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.