Diamond City, AR is a great location for homeowners looking to invest in real estate. With the median value of housing standing at $121,800, it is significantly lower than the US house median value of $338,100. Despite this difference in cost, Diamond City residents have seen an impressive 14.31% appreciation rate on their homes over the past year; much higher than the 8.27% national average over the same period. This makes Diamond City a great place to purchase or invest in housing with a strong potential for appreciation in the near future.
The median home cost in Diamond City is $121,800. Home appreciation the last 10 years has been 72.5%. Home Appreciation in Diamond City is up 23.4%.
Average Age of Homes
- The median age of Diamond City real estate is 40 years old
The Rental Market in Diamond City
- Renters make up 13.4% of the Diamond City population
- 2.8% of houses and apartments in Diamond City, 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.