The housing market in Chicot, AR County is relatively affordable with a median value of $73,500 compared to the US House median value of $338,100. This affordability is further seen in the 1-year house appreciation rate which is 15.07%, more than double the national average of 8.27%. This makes Chicot, AR County an attractive option for those looking to buy a home in Arkansas at a lower cost than most other counties within the state.
The median home cost in Chicot County is $73,500. Home appreciation the last 10 years has been 53.6%. Home Appreciation in Chicot County is up 19.7%.
Average Age of Homes
- The median age of Chicot County real estate is 40 years old
The Rental Market in Chicot County
- Renters make up 26.6% of the Chicot County population
- 3.1% of houses and apartments in Chicot 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.