The housing market in Brookland, AR (zip code 72417) is flourishing. The median value of homes in the area is $195,600, which is much lower than the US house median value of $338,100. However, over the past year the appreciation rate for homes in Brookland has been 15.59%, compared to 8.27% nationally. This higher appreciation rate reflects that there is a strong demand for housing in this area and suggests that it is becoming increasingly attractive to potential buyers.
The median home cost in Brookland (zip 72417) is $195,600. Home appreciation the last 10 years has been 57.0%. Home Appreciation in Brookland (zip 72417) is up 13.4%.
Average Age of Homes
- The median age of Brookland (zip 72417) real estate is 16 years old
The Rental Market in Brookland (zip 72417)
- Renters make up 31.1% of the Brookland (zip 72417) population
- 0.0% of houses and apartments in Brookland (zip 72417), 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.