The housing market in the Mountain Home, AR Metro Area is booming. Median value for housing has risen 16.15% over the past year, surpassing the national average of 8.27%. In comparison, the median value for US housing is $338,100 and in Mountain Home it is $192,400. This shows that there are more affordable options for those looking to buy a house in this area. This could be a great opportunity for anyone looking to purchase a home in this area as prices are still comparatively low compared to the national average.
The median home cost in Mountain Home Metro Area is $192,400. Home appreciation the last 10 years has been 72.0%. Home Appreciation in Mountain Home Metro Area is up 23.2%.
Average Age of Homes
- The median age of Mountain Home Metro Area real estate is 31 years old
The Rental Market in Mountain Home Metro Area
- Renters make up 19.1% of the Mountain Home Metro Area population
- 1.2% of houses and apartments in Mountain Home 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.