Housing in Black Oak, AR is significantly more affordable than the US median, at $109,400 compared to the US median of $338,100. Additionally, houses in Black Oak have had a higher appreciation rate over the last year when compared to the rest of the country—15.59% versus 8.27%. This makes investing in real estate in this area an attractive option and provides opportunity for those looking to buy a home or property in Black Oak.
The median home cost in Black Oak is $109,400. Home appreciation the last 10 years has been 57.0%. Home Appreciation in Black Oak is up 13.4%.
Average Age of Homes
- The median age of Black Oak real estate is 47 years old
The Rental Market in Black Oak
- Renters make up 36.6% of the Black Oak population
- 0.0% of houses and apartments in Black Oak, 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.