Russellville Metro Area, AR Housing

The housing market in the Russellville, AR Metro Area is quite favorable for buyers looking to invest in the area. The median value of housing in the area is $160,700, which is significantly lower than the median value of US housing at $338,100. Furthermore, over the past year, house appreciation has been 8.27% on average nationally and 10.57% within Russellville’s metro area, indicating that now may be a great time to purchase a home in this region.

The median home cost in Russellville Metro Area is $160,700. Home appreciation the last 10 years has been 57.5%. Home Appreciation in Russellville Metro Area is up 17.9%.

Average Age of Homes

- The median age of Russellville Metro Area real estate is 32 years old

The Rental Market in Russellville Metro Area

- Renters make up 27.1% of the Russellville Metro Area population
- 2.1% of houses and apartments in Russellville 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Russellville, Arkansas	United States
	36,130.0	139,647,020.0
	35	42
	$160,700	$338,100
	17.9%	16.6%
	48.4%	57.0%
	57.5%	101.1%
	$6.25	$10.98
	$797	$2,690
	60.7%	57.4%
	14.6%	11.2%
	24.7%	31.4%
Vacant Housing
	2.1%	1.9%
	0.2%	0.4%
	1.1%	0.7%
	0.5%	0.4%
	1.7%	3.6%
	9.0%	4.1%
Value of Owner-Occupied Housing
	5.5%	2.6%
	4.7%	2.4%
	6.2%	2.8%
	9.7%	3.9%
	10.9%	4.5%
	23.1%	11.3%
	15.1%	13.0%
	16.8%	20.1%
	5.4%	13.6%
	1.3%	8.3%
	1.0%	9.7%
	0.1%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	15.7%	13.6%
	15.7%	13.6%
	17.9%	13.6%
	18.4%	13.2%
	20.1%	14.8%
	17.9%	13.6%
	3.9%	10.0%
	3.2%	4.7%
	4.6%	12.2%

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