Elaine, AR has a housing median value of $56,400, which is significantly lower than the US house median value of $338,100. Despite this difference in value, Elaine has seen a higher 1 year house appreciation rate than the US with 15.07%, compared to 8.27%. This suggests that the housing market in Elaine is doing quite well and could be a great place to invest.
The median home cost in Elaine is $56,400. Home appreciation the last 10 years has been 57.5%. Home Appreciation in Elaine is up 17.9%.
Average Age of Homes
- The median age of Elaine real estate is 44 years old
The Rental Market in Elaine
- Renters make up 39.5% of the Elaine population
- 0.0% of houses and apartments in Elaine, 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.