The housing market in Prairie Creek, AR is very strong with the median value of a house being $303,400. This is much lower than the US median value of $338,100 but it still exceeds the national 1 year house appreciation rate of 8.27%. In fact, in Prairie Creek the 1 year house appreciation rate is 16.21%, demonstrating a robust and thriving real estate market.
The median home cost in Prairie Creek is $303,400. Home appreciation the last 10 years has been 124.7%. Home Appreciation in Prairie Creek is up 23.4%.
Average Age of Homes
- The median age of Prairie Creek real estate is 30 years old
The Rental Market in Prairie Creek
- Renters make up 18.0% of the Prairie Creek population
- 2.5% of houses and apartments in Prairie Creek, 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.