The housing market in Russellville, AR is doing remarkably well. The median value of a house in the city is $172,300 which is well below the US House Median Value of $338,100. However, homes in Russellville have appreciated by 15.07% over the past year compared to 8.27% across the US as a whole. This indicates that the housing market in Russellville is relatively strong and shows promise for potential investors in the area.
The median home cost in Russellville is $172,300. Home appreciation the last 10 years has been 57.5%. Home Appreciation in Russellville is up 17.9%.
Average Age of Homes
- The median age of Russellville real estate is 33 years old
The Rental Market in Russellville
- Renters make up 43.0% of the Russellville population
- 4.2% of houses and apartments in Russellville, 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.