The housing market in the Paragould, AR Metro Area is very strong. The median value of a house in this area is $154,400 which is significantly lower than the US median value of $338,100. This allows potential buyers to purchase homes at a much more affordable rate. In addition, the one-year appreciation for housing in this area is an impressive 17.64%, which far surpasses the national average of 8.27%. It is clear that investing in real estate in this area can be a great option for buyers looking to purchase a home at an attractive price and receive substantial returns over time.
The median home cost in Paragould Metro Area is $154,400. Home appreciation the last 10 years has been 57.0%. Home Appreciation in Paragould Metro Area is up 13.4%.
Average Age of Homes
- The median age of Paragould Metro Area real estate is 33 years old
The Rental Market in Paragould Metro Area
- Renters make up 32.0% of the Paragould Metro Area population
- 1.2% of houses and apartments in Paragould 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.