The housing market in Scott County, Arkansas is thriving. The median value of homes in the county is currently $109,200, which is well below the national median value of $338,100. Despite this difference, Scott County has seen an impressive 1-year home appreciation rate of 14.30%, compared to the US average of 8.27%. This spike in home values may be due to increased job opportunities and improved infrastructure in the area, leading more people to buy and invest in real estate here. Whatever the reason, it's clear that Scott County is an increasingly favorable place to purchase a home.
The median home cost in Scott County is $109,200. Home appreciation the last 10 years has been 65.2%. Home Appreciation in Scott County is up 18.5%.
Average Age of Homes
- The median age of Scott County real estate is 36 years old
The Rental Market in Scott County
- Renters make up 19.6% of the Scott County population
- 1.7% of houses and apartments in Scott 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.