Housing in 72002 Alexander, AR is very affordable compared to the US median value for housing. The median value for a home in this area is $218,900 which is significantly lower than the US median value of $338,100. In addition, the 1 year house appreciation rate in this area is 12.20%, which is almost 4% higher than the national average of 8.27%. This makes 72002 Alexander an attractive option for those looking to invest in real estate or purchase a new home.
The median home cost in Alexander (zip 72002) is $218,900. Home appreciation the last 10 years has been 56.1%. Home Appreciation in Alexander (zip 72002) is up 15.1%.
Average Age of Homes
- The median age of Alexander (zip 72002) real estate is 19 years old
The Rental Market in Alexander (zip 72002)
- Renters make up 14.9% of the Alexander (zip 72002) population
- 1.7% of houses and apartments in Alexander (zip 72002), 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.