Pocahontas, AR is a great place to invest in real estate. The median value of houses in the area is $122,800 which is significantly lower than the US median value of $338,100. This makes it easier for home buyers to enter the market at an affordable price. In addition, the house appreciation rate over the past year has been 15.59%, which is 7.32% higher than the US average of 8.27%. Thus, Pocahontas, AR offers both a relatively low entry cost and high potential return on investment for homeowners.
The median home cost in Pocahontas is $122,800. Home appreciation the last 10 years has been 57.0%. Home Appreciation in Pocahontas is up 13.4%.
Average Age of Homes
- The median age of Pocahontas real estate is 41 years old
The Rental Market in Pocahontas
- Renters make up 38.5% of the Pocahontas population
- 0.0% of houses and apartments in Pocahontas, 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.