Rye, AR is a small town located in West Arkansas where the median value of housing is significantly lower than the national average. The median value of housing in Rye is currently $123,000 which is more than $200,000 below the US Median Value of $338,100. In the last year, house appreciation in Rye has been negative at -100.0% compared to 8.27% nationally. This could indicate that this area may not be a great option for those looking for an appreciating asset right now. However, with such low prices and potential for appreciation it could make for an excellent opportunity to purchase a home or investment property in Rye.
The median home cost in Rye is $123,000. Home appreciation the last 10 years has been 53.6%. Home Appreciation in Rye is up 19.7%.
Average Age of Homes
- The median age of Rye real estate is 49 years old
The Rental Market in Rye
- Renters make up 22.0% of the Rye population
- 0.0% of houses and apartments in Rye, 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.