Gum Springs, AR is a great place to find affordable housing. The median housing value in the area is significantly lower than the national average at $68,900 compared to the US House Median Value of $338,100. While house prices have appreciated by 8.27% across the US, there has been an even higher appreciation rate of 19.03% in Gum Springs over the past year, making it an attractive option for buyers looking for a good deal on their next home.
The median home cost in Gum Springs is $68,900. Home appreciation the last 10 years has been 65.8%. Home Appreciation in Gum Springs is up 19.0%.
Average Age of Homes
- The median age of Gum Springs real estate is 50 years old
The Rental Market in Gum Springs
- Renters make up 29.2% of the Gum Springs population
- 0.0% of houses and apartments in Gum Springs, 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.