The housing in 72727 Elkins, AR is quite affordable with a median value of $228,500. This is well below the US median house value of $338,100, though still slightly higher than the national average price appreciation rate of 8.27%. In fact, the one-year appreciation for housing in Elkins was 16.21%, indicating that home prices are going up quickly in this area, while still remaining more affordable than many other places around the country.
The median home cost in Elkins (zip 72727) is $228,500. Home appreciation the last 10 years has been 124.7%. Home Appreciation in Elkins (zip 72727) is up 23.4%.
Average Age of Homes
- The median age of Elkins (zip 72727) real estate is 25 years old
The Rental Market in Elkins (zip 72727)
- Renters make up 18.9% of the Elkins (zip 72727) population
- 0.0% of houses and apartments in Elkins (zip 72727), 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.