Zip 72416 (Bono, AR) Housing

The median value of housing in 72416 Bono, AR is $171,700, which is about half the median value of US housing ($338,100). Although US house appreciation has been relatively moderate at 8.27%, houses in 72416 Bono have seen a significantly higher rate of appreciation at 15.59%. This suggests that 72416 Bono may be a desirable place to invest in real estate due to its lucrative housing market.

The median home cost in Bono (zip 72416) is $171,700. Home appreciation the last 10 years has been 57.0%. Home Appreciation in Bono (zip 72416) is up 13.4%.

Average Age of Homes

- The median age of Bono (zip 72416) real estate is 27 years old

The Rental Market in Bono (zip 72416)

- Renters make up 32.8% of the Bono (zip 72416) population
- 1.4% of houses and apartments in Bono (zip 72416), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Bono, Arkansas	United States
	2,289.0	139,647,020.0
	30	42
	$171,700	$338,100
	13.4%	16.6%
	43.6%	57.0%
	57.0%	101.1%
	$5.44	$10.98
	$676	$2,690
	64.0%	57.4%
	13.8%	11.2%
	22.2%	31.4%
Vacant Housing
	1.4%	1.9%
	0.0%	0.4%
	2.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	10.4%	4.1%
Value of Owner-Occupied Housing
	1.8%	2.6%
	3.4%	2.4%
	4.9%	2.8%
	10.6%	3.9%
	7.7%	4.5%
	35.5%	11.3%
	15.2%	13.0%
	11.1%	20.1%
	6.0%	13.6%
	1.3%	8.3%
	1.1%	9.7%
	1.5%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	16.3%	13.6%
	16.3%	13.6%
	27.1%	13.6%
	16.6%	13.2%
	17.7%	14.8%
	27.1%	13.6%
	2.1%	10.0%
	0.6%	4.7%
	4.6%	12.2%

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