Bonanza, AR is a great place to invest in property. The median value of housing in Bonanza is $85,100, which is much lower than the US median value of $338,100. Additionally, the one year appreciation rate for houses in Bonanza is 13.61%, significantly higher than the national average of 8.27%. This makes it an ideal market for those looking to grow their investment portfolio or buy a home at an affordable price.
The median home cost in Bonanza is $85,100. Home appreciation the last 10 years has been 65.3%. Home Appreciation in Bonanza is up 18.5%.
Average Age of Homes
- The median age of Bonanza real estate is 34 years old
The Rental Market in Bonanza
- Renters make up 24.4% of the Bonanza population
- 0.0% of houses and apartments in Bonanza, 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.