The housing market in Ouachita, AR County is strong and growing. The median value of homes in the area is $80,100, which is significantly lower than the US median house value of $338,100. Over the past year, house values have appreciated by 12.20%, which is more than double the US 1 year House Appreciation rate of 8.27%. This high level of appreciation indicates that home buyers are eager to move into Ouachita County and take advantage of the low prices for quality homes. With such a strong housing market and appreciation rates likely to continue to increase, this can be an attractive option for potential home buyers looking for a new place to live.
The median home cost in Ouachita County is $80,100. Home appreciation the last 10 years has been 57.5%. Home Appreciation in Ouachita County is up 17.9%.
Average Age of Homes
- The median age of Ouachita County real estate is 44 years old
The Rental Market in Ouachita County
- Renters make up 25.5% of the Ouachita County population
- 1.6% of houses and apartments in Ouachita 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.