The housing market in Okolona, AR is very affordable compared to the national median home value, with the median value of homes around $74,700. In the last year, homes in Okolona have appreciated by 19.03%, significantly higher than the 8.27% appreciation rate seen nationally. This could be a great opportunity for those looking for an affordable home that has potential to appreciate in value. Investing in real estate in Okolona can also provide stability and a reliable asset for those interested in building wealth over time.
The median home cost in Okolona is $74,700. Home appreciation the last 10 years has been 65.8%. Home Appreciation in Okolona is up 19.0%.
Average Age of Homes
- The median age of Okolona real estate is 65 years old
The Rental Market in Okolona
- Renters make up 12.6% of the Okolona population
- 4.4% of houses and apartments in Okolona, 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.