Trumann, AR is an affordable area for homebuyers. The median value of housing in Trumann is $103,200, compared to the US median value of $338,100. This indicates that there are a variety of homes available at more affordable prices in the area. Additionally, over the last year, house appreciation in Trumann has been 15.59%, which is higher than the US 1 year house appreciation rate of 8.27%. This suggests that homeowners who invest in a property here could see a good return on their investment over time. Overall, Trumann is an attractive option for those looking for affordable and appreciating housing options.
The median home cost in Trumann is $103,200. Home appreciation the last 10 years has been 57.0%. Home Appreciation in Trumann is up 13.4%.
Average Age of Homes
- The median age of Trumann real estate is 41 years old
The Rental Market in Trumann
- Renters make up 42.3% of the Trumann population
- 0.5% of houses and apartments in Trumann, 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.