The housing market in Pike, AR County is quite desirable. The median value of homes in the area is $127,400, which is significantly lower than the national median value of $338,100. Furthermore, the house appreciation rate over the past year in Pike, AR County was 15.07%, which is higher than the national one-year house appreciation rate of 8.27%. This data suggests that now is a great time to invest in property in Pike, AR County as prices are still fairly low but expected to rise in the future.
The median home cost in Pike County is $127,400. Home appreciation the last 10 years has been 65.8%. Home Appreciation in Pike County is up 19.0%.
Average Age of Homes
- The median age of Pike County real estate is 36 years old
The Rental Market in Pike County
- Renters make up 20.5% of the Pike County population
- 1.3% of houses and apartments in Pike 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.