The housing in Lexa, AR is quite affordable compared to the US median value of $338,100. The median value in Lexa is only $81,500. This amount is more than 70% lower than the national average, making it an attractive option for many home buyers. Furthermore, the 1 year house appreciation rate in Lexa is 15.07%, which is higher than the US average of 8.27%. This indicates that buying a home in Lexa could be a wise investment as its value is likely to go up over time.
The median home cost in Lexa is $81,500. Home appreciation the last 10 years has been 57.5%. Home Appreciation in Lexa is up 17.9%.
Average Age of Homes
- The median age of Lexa real estate is 40 years old
The Rental Market in Lexa
- Renters make up 22.3% of the Lexa population
- 0.0% of houses and apartments in Lexa, 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.