The median value of housing in Elizabeth, AR (72531) is $156,800. This is significantly lower than the US median house value of $338,100. However, the 1 year house appreciation rate in Elizabeth was 15.07%, which is higher than the US average of 8.27%. This suggests that the Elizabeth area housing market has been outperforming the national market over the past year. With such a strong appreciation rate and an affordable median value, now could be an ideal time to invest in property in Elizabeth.
The median home cost in Elizabeth (zip 72531) is $156,800. Home appreciation the last 10 years has been 57.5%. Home Appreciation in Elizabeth (zip 72531) is up 17.9%.
Average Age of Homes
- The median age of Elizabeth (zip 72531) real estate is 21 years old
The Rental Market in Elizabeth (zip 72531)
- Renters make up 4.0% of the Elizabeth (zip 72531) population
- 0.0% of houses and apartments in Elizabeth (zip 72531), 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.