The housing market in Redfield, AR is thriving. The median value of a house in Redfield is $157,500, which is significantly lower than the US House Median Value of $338,100. However, the 1 year House Appreciation rate for Redfield has been growing steadily at 9.77%, which is higher than the US 1 year House Appreciation rate of 8.27%. This shows that Redfield's housing market is continuing to grow despite the lower median value.
The median home cost in Redfield is $157,500. Home appreciation the last 10 years has been 52.4%. Home Appreciation in Redfield is up 18.8%.
Average Age of Homes
- The median age of Redfield real estate is 27 years old
The Rental Market in Redfield
- Renters make up 26.9% of the Redfield population
- 2.8% of houses and apartments in Redfield, 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.