Zip 71638 (Dermott, AR) Housing

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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Dermott, Arkansas	United States
	1,440.0	139,647,020.0
	45	42
	$65,500	$338,100
	19.7%	16.6%
	45.3%	57.0%
	53.6%	101.1%
	$5.70	$10.98
	$389	$2,690
	55.8%	57.4%
	20.6%	11.2%
	23.5%	31.4%
Vacant Housing
	2.4%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	15.1%	3.6%
	3.1%	4.1%
Value of Owner-Occupied Housing
	12.1%	2.6%
	12.9%	2.4%
	19.9%	2.8%
	11.6%	3.9%
	11.7%	4.5%
	7.2%	11.3%
	2.9%	13.0%
	19.0%	20.1%
	1.0%	13.6%
	1.7%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	4.7%	13.6%
	4.7%	13.6%
	13.2%	13.6%
	16.7%	13.2%
	33.5%	14.8%
	13.2%	13.6%
	9.8%	10.0%
	3.3%	4.7%
	3.5%	12.2%

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