The housing in 71638 Dermott, AR is significantly lower than the median value of houses across the US. The median value of a house in 71638 Dermott, AR is $65,500, while the US median house value is $338,100. Additionally, while overall US house appreciation has been 8.27% over the last year, the appreciation rate for Dermott is -100.00%. This implies that there has been a significant decline in housing values in this area over the past year.
The median home cost in Dermott (zip 71638) is $65,500. Home appreciation the last 10 years has been 53.6%. Home Appreciation in Dermott (zip 71638) is up 19.7%.
Average Age of Homes
- The median age of Dermott (zip 71638) real estate is 45 years old
The Rental Market in Dermott (zip 71638)
- Renters make up 28.4% of the Dermott (zip 71638) population
- 2.4% of houses and apartments in Dermott (zip 71638), 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.