The housing market in Grannis, AR is significantly lower than the US median value of houses at $338,100. Despite this, the one-year appreciation rate in Grannis is much higher than the national average at 18.96%, showing that its housing market is a quickly rising market. With a median value of $96,900, it is an affordable option for potential buyers and investors alike who may be looking for a good opportunity to invest in real estate right now.
The median home cost in Grannis is $96,900. Home appreciation the last 10 years has been 65.9%. Home Appreciation in Grannis is up 18.9%.
Average Age of Homes
- The median age of Grannis real estate is 34 years old
The Rental Market in Grannis
- Renters make up 26.1% of the Grannis population
- 7.7% of houses and apartments in Grannis, 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.