Housing in Arkansas City, AR is considerably lower than the US national median value of $338,100. The 1 year house appreciation rate for Arkansas City, AR is -100.00%. This indicates that the housing market has not been performing well over the past year. Despite this, the median value of a home in Arkansas City, AR is still $79,800. While this does mean that home values in Arkansas City are not rising as quickly as other cities across the country, it is still an affordable option for those looking to purchase property in this area.
The median home cost in Arkansas City is $79,800. Home appreciation the last 10 years has been 53.6%. Home Appreciation in Arkansas City is up 19.7%.
Average Age of Homes
- The median age of Arkansas City real estate is 43 years old
The Rental Market in Arkansas City
- Renters make up 14.1% of the Arkansas City population
- 1.6% of houses and apartments in Arkansas City, 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.