The housing market in Center Ridge, AR is an excellent investment opportunity. The median house value in the area is $133,400, which is much lower than the US median of $338,100; Despite the significant difference in price, the one year appreciation rate for Center Ridge homes is actually higher than the US average of 8.27%, coming in at 12.20%. This means that investing in a home here can give you an even better return on your investment and could be a great option for those looking for a new home or a real estate investment.
The median home cost in Center Ridge is $133,400. Home appreciation the last 10 years has been 56.1%. Home Appreciation in Center Ridge is up 15.1%.
Average Age of Homes
- The median age of Center Ridge real estate is 29 years old
The Rental Market in Center Ridge
- Renters make up 16.8% of the Center Ridge population
- 0.0% of houses and apartments in Center Ridge, 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.