The housing market in Garfield, AR (zip code 72732) is thriving. The median value of homes in this area is $316,200, which is significantly lower than the US median of $338,100. However, the appreciation rate for Garfield homes is also higher than the US average at 16.21%, compared to 8.27% nationwide. This indicates that Garfield homes are not only more affordable but also increasing in value more quickly than many other parts of the country. Therefore, those looking for a home or investment property should consider this area as an ideal location with great potential for appreciation and return on investment.
The median home cost in Garfield (zip 72732) is $316,200. Home appreciation the last 10 years has been 124.7%. Home Appreciation in Garfield (zip 72732) is up 23.4%.
Average Age of Homes
- The median age of Garfield (zip 72732) real estate is 24 years old
The Rental Market in Garfield (zip 72732)
- Renters make up 9.1% of the Garfield (zip 72732) population
- 0.0% of houses and apartments in Garfield (zip 72732), 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.