Caraway, AR is a small town with a median housing value of $98,700, which is significantly lower than the US median house value of $338,100. Despite this difference, Caraway has done well in terms of appreciation over the last year - 15.59%, compared to the US 1 year house appreciation rate of 8.27%. This could be an attractive option for potential buyers looking for more affordable housing options in a smaller town.
The median home cost in Caraway is $98,700. Home appreciation the last 10 years has been 57.0%. Home Appreciation in Caraway is up 13.4%.
Average Age of Homes
- The median age of Caraway real estate is 46 years old
The Rental Market in Caraway
- Renters make up 29.7% of the Caraway population
- 1.2% of houses and apartments in Caraway, 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.