Brookland, AR is a thriving town that has seen tremendous growth in recent years due to its welcoming atmosphere and low cost of living. This growth is reflected in the housing market, with the median value of homes coming in at $192,300, well below the national average of $338,100. Despite this lower median value, Brookland has experienced a higher rate of one-year home appreciation than the nation at large – 15.59%, compared to 8.27%. This increase indicates that Brookland is an attractive place to invest in real estate and live comfortably while still enjoying the benefits of its rural charm.
The median home cost in Brookland is $192,300. Home appreciation the last 10 years has been 57.0%. Home Appreciation in Brookland is up 13.4%.
Average Age of Homes
- The median age of Brookland real estate is 15 years old
The Rental Market in Brookland
- Renters make up 42.9% of the Brookland population
- 0.0% of houses and apartments in Brookland, 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.