Cleveland, AR County has a median housing value of $115,300, which is much lower than the national median value of $338,100. In the past year, the US home appreciation rate was 8.27%, but Cleveland homes appreciated at a slightly higher rate of 15.07%. This makes Cleveland an attractive market for potential buyers looking to get a good deal on their next home. The high appreciation rate provides assurance that any investment in an area home will have great returns over time.
The median home cost in Cleveland County is $115,300. Home appreciation the last 10 years has been 53.6%. Home Appreciation in Cleveland County is up 19.7%.
Average Age of Homes
- The median age of Cleveland County real estate is 33 years old
The Rental Market in Cleveland County
- Renters make up 17.1% of the Cleveland County population
- 0.4% of houses and apartments in Cleveland 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.