The housing market in 72086 Lonoke, AR is very strong. The median value for houses in this area is $156,600, which is significantly lower than the US median of $338,100. Despite this difference in price, the appreciation rate of houses in 72086 Lonoke, AR has been much higher than the national average with a 1-year appreciation rate of 12.20%, compared to 8.27% nationally. This indicates that homes in this area are likely to continue to increase in value over time, making them a great investment opportunity for potential homeowners.
The median home cost in Lonoke (zip 72086) is $156,600. Home appreciation the last 10 years has been 56.1%. Home Appreciation in Lonoke (zip 72086) is up 15.1%.
Average Age of Homes
- The median age of Lonoke (zip 72086) real estate is 30 years old
The Rental Market in Lonoke (zip 72086)
- Renters make up 22.6% of the Lonoke (zip 72086) population
- 0.0% of houses and apartments in Lonoke (zip 72086), 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.