Lockesburg, AR is a great place for those looking to buy a house. The median value of housing in Lockesburg is $119,300, significantly lower than the US house median value of $338,100. In addition, the appreciation rate of housing in Lockesburg has been much higher than that of the US over the past year, at 17.64% compared to 8.27%. This makes it an attractive option for buyers who are looking for more affordable housing and are hoping to benefit from potential increases in value.
The median home cost in Lockesburg is $119,300. Home appreciation the last 10 years has been 68.4%. Home Appreciation in Lockesburg is up 17.9%.
Average Age of Homes
- The median age of Lockesburg real estate is 36 years old
The Rental Market in Lockesburg
- Renters make up 35.6% of the Lockesburg population
- 3.1% of houses and apartments in Lockesburg, 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.