Phillips County, AR has an impressive housing market with a median value of $70,800, which is significantly lower than the US house median value of $338,100. The US 1 year house appreciation rate is 8.27%, while that in Phillips County is much higher at 19.03%. This suggests a healthy and strong housing market in Phillips County, making it an attractive option for potential buyers. With its low costs and rising rates of appreciation, Phillips County makes for a great investment opportunity.
The median home cost in Phillips County is $70,800. Home appreciation the last 10 years has been 57.5%. Home Appreciation in Phillips County is up 17.9%.
Average Age of Homes
- The median age of Phillips County real estate is 45 years old
The Rental Market in Phillips County
- Renters make up 39.2% of the Phillips County population
- 2.6% of houses and apartments in Phillips County, 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.