Patterson, AR has a median housing value of $28,200 which is much lower than the US median housing value of $338,100. Despite this difference in average housing values, Patterson still saw an increase in house appreciation over the past year with an increase of 9.77%, which is higher than the national average of 8.27%. This could signal that there are potential opportunities for real estate in Patterson and suggests that its housing market may be on an upward trend.
The median home cost in Patterson is $28,200. Home appreciation the last 10 years has been 52.4%. Home Appreciation in Patterson is up 18.8%.
Average Age of Homes
- The median age of Patterson real estate is 43 years old
The Rental Market in Patterson
- Renters make up 26.4% of the Patterson population
- 0.0% of houses and apartments in Patterson, 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.