Zip 72324 (Cherry Valley, AR) Housing

The housing market in 72324 Cherry Valley, AR is very prosperous. According to the median value of housing in the area, it stands at $106,200 which is significantly lower than the US median house value of $338,100. Despite this disparity, the area has seen a much greater appreciation rate for its housing prices over the past year than the national average with a 1-year appreciation rate of 15.07%. This indicates that Cherry Valley is a great place to invest in real estate and may be an attractive option for those looking for an affordable place to live.

The median home cost in Cherry Valley (zip 72324) is $106,200. Home appreciation the last 10 years has been 57.5%. Home Appreciation in Cherry Valley (zip 72324) is up 17.9%.

Average Age of Homes

- The median age of Cherry Valley (zip 72324) real estate is 41 years old

The Rental Market in Cherry Valley (zip 72324)

- Renters make up 22.1% of the Cherry Valley (zip 72324) population
- 2.4% of houses and apartments in Cherry Valley (zip 72324), 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	Cherry Valley, Arkansas	United States
	1,133.0	139,647,020.0
	45	42
	$106,200	$338,100
	17.9%	16.6%
	48.4%	57.0%
	57.5%	101.1%
	$5.75	$10.98
	$450	$2,690
	55.5%	57.4%
	22.5%	11.2%
	22.0%	31.4%
Vacant Housing
	2.4%	1.9%
	0.0%	0.4%
	0.2%	0.7%
	2.7%	0.4%
	2.0%	3.6%
	15.2%	4.1%
Value of Owner-Occupied Housing
	6.8%	2.6%
	10.7%	2.4%
	14.9%	2.8%
	20.2%	3.9%
	19.7%	4.5%
	9.2%	11.3%
	15.9%	13.0%
	2.1%	20.1%
	0.0%	13.6%
	0.0%	8.3%
	0.3%	9.7%
	0.2%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	13.4%	13.6%
	13.4%	13.6%
	10.0%	13.6%
	18.2%	13.2%
	18.5%	14.8%
	10.0%	13.6%
	11.8%	10.0%
	1.7%	4.7%
	7.1%	12.2%

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