Housing in Humphrey, AR is significantly more affordable than the US average. The median value for homes in Humphrey is $70,400 compared to a US median of $338,100. This provides an opportunity for first-time homebuyers and those looking to downsize to invest in the area. Additionally, the 1 year house appreciation rate in Humphrey is 12.20%, higher than the national average of 8.27%. This makes it a great time to purchase property as prices are rising and expected to continue rising in the near future.
The median home cost in Humphrey is $70,400. Home appreciation the last 10 years has been 56.1%. Home Appreciation in Humphrey is up 15.1%.
Average Age of Homes
- The median age of Humphrey real estate is 44 years old
The Rental Market in Humphrey
- Renters make up 18.1% of the Humphrey population
- 0.0% of houses and apartments in Humphrey, 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.