The housing market in Mineral Springs, Arkansas is thriving. The median value of a house in this city is $103,800, which is much lower than the US median value of $338,100. In the past year, the US housing market has appreciated 8.27%, while Mineral Springs has seen a 17.64% appreciation rate – more than double that of the national average! This shows that not only is Mineral Springs an attractive and affordable place to live; it's also an area that is seeing significant growth in the real estate market.
The median home cost in Mineral Springs is $103,800. Home appreciation the last 10 years has been 68.4%. Home Appreciation in Mineral Springs is up 17.9%.
Average Age of Homes
- The median age of Mineral Springs real estate is 39 years old
The Rental Market in Mineral Springs
- Renters make up 34.5% of the Mineral Springs population
- 4.5% of houses and apartments in Mineral 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.