The housing market in Wilmar, AR is significantly different than the market across the United States as a whole. The median value of houses in Wilmar is approximately $110,300, which is far less than the US median value of around $338,100. Additionally, while the US has seen an appreciation of 8.27% in house values over the past year, Wilmar has actually seen a depreciation of 100%. This decline could be indicative of difficulty facing the local housing market and potential buyers should consider this when purchasing property in Wilmar.
The median home cost in Wilmar is $110,300. Home appreciation the last 10 years has been 53.6%. Home Appreciation in Wilmar is up 19.7%.
Average Age of Homes
- The median age of Wilmar real estate is 42 years old
The Rental Market in Wilmar
- Renters make up 27.4% of the Wilmar population
- 0.0% of houses and apartments in Wilmar, 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.