The housing in Smackover, AR is quite affordable in comparison to the United States average. The median value of a house in Smackover is $91,500, while the US median value is $338,100. In addition, the US 1 year house appreciation rate is 8.27%, but the appreciation rate in Smackover is at 15.07%. This means that not only are homes more affordable in Smackover, but they also increase in value faster than the national average. Therefore, Smackover can be seen as an attractive destination for potential homeowners looking for an affordable housing market with potential for higher-than-average returns down the line.
The median home cost in Smackover is $91,500. Home appreciation the last 10 years has been 57.5%. Home Appreciation in Smackover is up 17.9%.
Average Age of Homes
- The median age of Smackover real estate is 49 years old
The Rental Market in Smackover
- Renters make up 26.0% of the Smackover population
- 0.0% of houses and apartments in Smackover, 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.