The housing market in Magness, AR is booming. With a median value of $116,300, it is significantly lower than the US House median value of $338,100. Furthermore, the one year house appreciation rate for Magness has been 15.07%, which is significantly higher than the US average of 8.27%. This makes Magness an ideal location for those looking to invest in real estate and gain significant returns on their investment.
The median home cost in Magness is $116,300. Home appreciation the last 10 years has been 57.5%. Home Appreciation in Magness is up 17.9%.
Average Age of Homes
- The median age of Magness real estate is 35 years old
The Rental Market in Magness
- Renters make up 8.2% of the Magness population
- 0.0% of houses and apartments in Magness, 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.