Ravenden Springs, AR has a housing median value of $121,400, which is significantly lower than the US house median value of $338,100. Despite this disparity in values, the one-year house appreciation rate for Ravenden Springs is 15.59%, making it higher than the US house appreciation rate of 8.27%. This suggests that housing prices are increasing rapidly in Ravenden Springs and could be a good opportunity for potential buyers to invest in the area.
The median home cost in Ravenden Springs is $121,400. Home appreciation the last 10 years has been 57.0%. Home Appreciation in Ravenden Springs is up 13.4%.
Average Age of Homes
- The median age of Ravenden Springs real estate is 23 years old
The Rental Market in Ravenden Springs
- Renters make up 18.8% of the Ravenden Springs population
- 4.2% of houses and apartments in Ravenden Springs, 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.