The housing market in Highland, AR is thriving, with the median value of a home being $110,600. This is significantly lower than the US median house value of $338,100. The one year house appreciation rate in Highland, AR is also higher than the national average at 15.07%, compared to 8.27%. This indicates that now may be an excellent time for prospective buyers to get into the housing market in this area, as they can purchase homes at a lower cost and are likely to see an increase in their investment over time.
The median home cost in Highland is $110,600. Home appreciation the last 10 years has been 57.5%. Home Appreciation in Highland is up 17.9%.
Average Age of Homes
- The median age of Highland real estate is 36 years old
The Rental Market in Highland
- Renters make up 12.9% of the Highland population
- 0.0% of houses and apartments in Highland, 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.