The housing market in 71630 Arkansas City, AR is drastically different than the national average. The median home value in the area is $84,400 while the US House Median Value is $338,100. Moreover, the one-year house appreciation rate for the US was 8.27%, while it has been -100.00% for 71630 Arkansas City, AR. This indicates that housing prices in this area have taken a dip and are not expected to increase any time soon. This could be due to a variety of factors such as a decrease in population or an influx of new homes that have diminished the demand for existing houses. Regardless of what caused these changes, it's clear that there is currently a significant gap between housing values in 71630 Arkansas City, AR and those across the nation.
The median home cost in Arkansas City (zip 71630) is $84,400. Home appreciation the last 10 years has been 53.6%. Home Appreciation in Arkansas City (zip 71630) is up 19.7%.
Average Age of Homes
- The median age of Arkansas City (zip 71630) real estate is 44 years old
The Rental Market in Arkansas City (zip 71630)
- Renters make up 14.6% of the Arkansas City (zip 71630) population
- 1.5% of houses and apartments in Arkansas City (zip 71630), 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.