Housing in the small town of 72414 Black Oak, AR is quite affordable compared to the US median value. The median house value in Black Oak is $124,500, which is significantly lower than the US median value of $338,100. Despite this low cost of housing, the area has seen strong appreciation over the last year with a 15.59% increase in home values - greater than the 8.27% nationwide appreciation rate. This makes it an ideal spot for anyone looking for a good deal on a house in rural Arkansas.
The median home cost in Black Oak (zip 72414) is $124,500. Home appreciation the last 10 years has been 57.0%. Home Appreciation in Black Oak (zip 72414) is up 13.4%.
Average Age of Homes
- The median age of Black Oak (zip 72414) real estate is 46 years old
The Rental Market in Black Oak (zip 72414)
- Renters make up 25.6% of the Black Oak (zip 72414) population
- 0.0% of houses and apartments in Black Oak (zip 72414), 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.