Housing in Altus, AR has seen an especially large increase in value over the past year, with the median house value rising by 14.71%, compared to 8.27% for the nation as a whole. Despite the higher appreciation rate, the median house value in Altus is still lower than the national median of $338,100 at only $92,000. This disparity gives potential buyers a unique opportunity to purchase property in Altus at a lower cost than they would find elsewhere.
The median home cost in Altus is $92,000. Home appreciation the last 10 years has been 59.4%. Home Appreciation in Altus is up 18.0%.
Average Age of Homes
- The median age of Altus real estate is 36 years old
The Rental Market in Altus
- Renters make up 28.8% of the Altus population
- 0.0% of houses and apartments in Altus, 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.