The housing market in Gateway, AR is thriving. The median value of homes in Gateway is $297,900, which is significantly lower than the US median of $338,100. This great affordability has led to an impressive one-year appreciation rate of 16.21%, more than double the national average of 8.27%, making it a perfect time for potential buyers to invest in the area. With its low cost and growing appreciation rate, Gateway offers an attractive option for homebuyers looking to purchase a house.
The median home cost in Gateway is $297,900. Home appreciation the last 10 years has been 124.7%. Home Appreciation in Gateway is up 23.4%.
Average Age of Homes
- The median age of Gateway real estate is 32 years old
The Rental Market in Gateway
- Renters make up 18.9% of the Gateway population
- 0.0% of houses and apartments in Gateway, 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.