The housing market in Forrest City, AR Metro Area is an attractive option for many homebuyers. With a median house value at $66,300, it is much lower than the US median house value of $338,100. Additionally, the one-year appreciation rate for houses in the area is 12.20%, which is higher than the national one-year appreciation rate of 8.27%. This makes Forrest City a great place to invest if you're looking for a good return on your money.
The median home cost in Forrest City Metro Area is $66,300. Home appreciation the last 10 years has been 57.5%. Home Appreciation in Forrest City Metro Area is up 17.9%.
Average Age of Homes
- The median age of Forrest City Metro Area real estate is 37 years old
The Rental Market in Forrest City Metro Area
- Renters make up 36.6% of the Forrest City Metro Area population
- 2.8% of houses and apartments in Forrest City Metro Area, 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.