The housing market in Cotton Plant, AR is much more affordable than the US average. The median value of a home in Cotton Plant, AR is $30,700 compared to the US median home value of $338,100. In addition to this affordability advantage, the one year house appreciation rate in Cotton Plant, AR also outpaces the national average at 12.20%, compared to 8.27% for the US overall. This makes Cotton Plant, AR an attractive option for those looking for more affordable housing and higher appreciation rates.
The median home cost in Cotton Plant is $30,700. Home appreciation the last 10 years has been 56.1%. Home Appreciation in Cotton Plant is up 15.1%.
Average Age of Homes
- The median age of Cotton Plant real estate is 43 years old
The Rental Market in Cotton Plant
- Renters make up 19.6% of the Cotton Plant population
- 4.7% of houses and apartments in Cotton Plant, 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.