The housing market in Rondo, AR is very different from the rest of the United States. The median value in Rondo is $60,100, which is significantly lower than the US median value of $338,100. Despite this disparity, the 1 year house appreciation rate in Rondo is higher at 15.07% compared to 8.27% across all of the US. This suggests that there may be an opportunity to invest in property in Rondo as it has greater potential for growth.
The median home cost in Rondo is $60,100. Home appreciation the last 10 years has been 57.5%. Home Appreciation in Rondo is up 17.9%.
Average Age of Homes
- The median age of Rondo real estate is 39 years old
The Rental Market in Rondo
- Renters make up 24.2% of the Rondo population
- 10.9% of houses and apartments in Rondo, 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.