The housing market in Woodlawn, AR has been experiencing a decline over the last year. The median value of homes is $211,100, which is significantly lower than the US median value of $338,100. Furthermore, the US saw an appreciation rate of 8.27% on housing values over the past year, while Woodlawn experienced a decrease of -100%. This trend is likely due to lower demand for housing within the area and shows that it may be difficult for homeowners to increase their property values in the near term.
The median home cost in Woodlawn is $211,100. Home appreciation the last 10 years has been 53.6%. Home Appreciation in Woodlawn is up 19.7%.
Average Age of Homes
- The median age of Woodlawn real estate is 26 years old
The Rental Market in Woodlawn
- Renters make up 24.1% of the Woodlawn population
- 0.0% of houses and apartments in Woodlawn, 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.