Ola, AR has a median housing value of $62,700 which is much lower than the national median housing value of $338,100. Despite this difference in house values, Ola residents have seen an increase in appreciation of 15.07% over the last year, which is higher than the 8.27% that has been experienced nationally. This suggests that the housing market in Ola is doing quite well compared to many other places in the country.
The median home cost in Ola is $62,700. Home appreciation the last 10 years has been 57.5%. Home Appreciation in Ola is up 17.9%.
Average Age of Homes
- The median age of Ola real estate is 47 years old
The Rental Market in Ola
- Renters make up 39.4% of the Ola population
- 9.0% of houses and apartments in Ola, 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.