The housing market in Lonoke, AR County is flourishing. The median value for homes in the area is currently $185,300, which is significantly lower than the US house median value of $338,100. In the past year alone, the US house appreciation has been 8.27%, while in Lonoke County it was even higher at 10.67%. This shows that housing prices in this region have been on an upward trend and are likely to continue to do so as time goes on.
The median home cost in Lonoke County is $185,300. Home appreciation the last 10 years has been 55.6%. Home Appreciation in Lonoke County is up 15.6%.
Average Age of Homes
- The median age of Lonoke County real estate is 23 years old
The Rental Market in Lonoke County
- Renters make up 25.4% of the Lonoke County population
- 1.2% of houses and apartments in Lonoke 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.