The housing in Letona, AR is quite affordable compared to the US median value, with a median value of $123,000. This is a significant difference and offers great opportunities for buyers in this area. Furthermore, the 1 year house appreciation rate in Letona, AR has been 12.15%, which is significantly higher than the US 1 year appreciation rate of 8.27%. This makes Letona an even more attractive place to purchase property since it is likely that buyers would make a larger return on their investment over time.
The median home cost in Letona is $123,000. Home appreciation the last 10 years has been 56.0%. Home Appreciation in Letona is up 15.2%.
Average Age of Homes
- The median age of Letona real estate is 41 years old
The Rental Market in Letona
- Renters make up 28.9% of the Letona population
- 0.0% of houses and apartments in Letona, 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.