The housing market in Jericho, AR is a vibrant and thriving one. The median value of homes in Jericho is much lower than the US median at $146,500 compared to $338,100 respectively. Despite this difference, homes in Jericho have actually increased in value more significantly over the past year with an appreciation rate of 15.07%, much higher than the national average of 8.27%. This makes Jericho an attractive option for families and individuals looking to invest in a home.
The median home cost in Jericho is $146,500. Home appreciation the last 10 years has been 57.5%. Home Appreciation in Jericho is up 17.9%.
Average Age of Homes
- The median age of Jericho real estate is 27 years old
The Rental Market in Jericho
- Renters make up 7.3% of the Jericho population
- 0.0% of houses and apartments in Jericho, 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.