The housing market in Bono, AR is quite attractive - the median value of homes is significantly lower than the US average at $170,800, providing an affordable option for those looking to buy. Additionally, over the last year homes have appreciated in value by 15.59%, which is significantly higher than the national average of 8.27%. This makes Bono a great place to invest and take advantage of this appreciation trend.
The median home cost in Bono is $170,800. Home appreciation the last 10 years has been 57.0%. Home Appreciation in Bono is up 13.4%.
Average Age of Homes
- The median age of Bono real estate is 26 years old
The Rental Market in Bono
- Renters make up 43.6% of the Bono population
- 3.2% of houses and apartments in Bono, 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.