Housing in Arkansas, AR County is significantly lower than the national median value. The US median value is currently at $338,100, while the housing median value in Arkansas, AR County is only $116,900. Additionally, the house 1 year appreciation rate in Arkansas, AR County has experienced a drastic decrease of -55.67%, while the US 1 year house appreciation rate was 8.27%. This data suggests that housing prices may be currently dropping within this county and could be an indicator of a potential housing market downturn.
The median home cost in Arkansas County is $116,900. Home appreciation the last 10 years has been 53.9%. Home Appreciation in Arkansas County is up 17.3%.
Average Age of Homes
- The median age of Arkansas County real estate is 43 years old
The Rental Market in Arkansas County
- Renters make up 26.5% of the Arkansas County population
- 2.4% of houses and apartments in Arkansas 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.