The housing market in Barling, AR is thriving. According to recent data, the median value of a house in Barling is $155,500 - a significantly lower figure than the US median value of $338,100. Furthermore, while the US experienced an average 1 year house appreciation rate of 8.27%, houses in Barling saw a 1 year appreciation rate 13.61%. This suggests that people are investing heavily into the housing market of Barling and indicates a booming local economy.
The median home cost in Barling is $155,500. Home appreciation the last 10 years has been 65.3%. Home Appreciation in Barling is up 18.5%.
Average Age of Homes
- The median age of Barling real estate is 34 years old
The Rental Market in Barling
- Renters make up 30.1% of the Barling population
- 3.6% of houses and apartments in Barling, 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.