The housing market in Independence, AR County is on a strong upswing. The median value of homes in the area is currently $138,900, which is significantly lower than the US median house value of $338,100. However, the 1 year appreciation rate of 15.07% is greater than the national average of 8.27%, indicating that this area's real estate market is growing faster than most other places in America. With such impressive growth rates, now is an excellent time to invest in property here and take advantage of future appreciation.
The median home cost in Independence County is $138,900. Home appreciation the last 10 years has been 57.5%. Home Appreciation in Independence County is up 17.9%.
Average Age of Homes
- The median age of Independence County real estate is 34 years old
The Rental Market in Independence County
- Renters make up 26.7% of the Independence County population
- 1.0% of houses and apartments in Independence 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.