The housing market in Lepanto, AR is an attractive option for those looking to purchase a home. The median value of homes in Lepanto is $72,500, which is much lower than the US median value of $338,100. Furthermore, the 1 year house appreciation rate in Lepanto is 15.07%, considerably higher than the national average of 8.27%. This makes Lepanto a great place to consider when looking for an affordable home with potential for appreciation over time.
The median home cost in Lepanto is $72,500. Home appreciation the last 10 years has been 57.5%. Home Appreciation in Lepanto is up 17.9%.
Average Age of Homes
- The median age of Lepanto real estate is 40 years old
The Rental Market in Lepanto
- Renters make up 42.2% of the Lepanto population
- 0.9% of houses and apartments in Lepanto, 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.