The housing market in 72523 Concord, AR is thriving and offers a great opportunity for potential buyers. The median value of a home in this area is $115,400 which is much lower than the US House Median Value of $338,100. However, house appreciation in this area over the past year has been 15.07%, significantly higher than the US 1 year House Appreciation of 8.27%. Therefore, purchasing a home in 72523 Concord, AR now would be advantageous for prospective buyers looking to capitalize on house appreciation over the next few years.
The median home cost in Concord (zip 72523) is $115,400. Home appreciation the last 10 years has been 57.5%. Home Appreciation in Concord (zip 72523) is up 17.9%.
Average Age of Homes
- The median age of Concord (zip 72523) real estate is 26 years old
The Rental Market in Concord (zip 72523)
- Renters make up 12.4% of the Concord (zip 72523) population
- 0.0% of houses and apartments in Concord (zip 72523), 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.