The housing in Booneville, AR (72927) is significantly lower than the national median for housing values. The median value for houses in Booneville is $112,900, compared to the US house median of $338,100. However, homes in Booneville have appreciated more quickly over the past year than homes on a national level. In Booneville, the 1-year house appreciation rate was 13.61%, compared to 8.27% nationally. This suggests that now might be a good time for those looking to invest in real estate in Booneville to take advantage of these great prices and strong appreciation rates.
The median home cost in Booneville (zip 72927) is $112,900. Home appreciation the last 10 years has been 65.3%. Home Appreciation in Booneville (zip 72927) is up 18.5%.
Average Age of Homes
- The median age of Booneville (zip 72927) real estate is 38 years old
The Rental Market in Booneville (zip 72927)
- Renters make up 27.6% of the Booneville (zip 72927) population
- 2.4% of houses and apartments in Booneville (zip 72927), 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.