The housing market in Morrison Bluff, AR is very healthy. The median value of houses is $183,700 which is significantly lower than the US median value of $338,100. However, the one year house appreciation in Morrison Bluff is a whopping 15.07%, much higher than the US 1 year appreciation rate of 8.27%. This indicates that there is a high demand for housing in the area and that people are eager to invest in it. It seems like Morrison Bluff is an attractive place to buy a home right now, as prices are low and expected to appreciate quickly.
The median home cost in Morrison Bluff is $183,700. Home appreciation the last 10 years has been 57.5%. Home Appreciation in Morrison Bluff is up 17.9%.
Average Age of Homes
- The median age of Morrison Bluff real estate is 37 years old
The Rental Market in Morrison Bluff
- Renters make up 45.5% of the Morrison Bluff population
- 0.0% of houses and apartments in Morrison Bluff, 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.