The housing in 72736 Gravette, AR is surprisingly appreciative. The median value of homes in this area is $255,800, which is much lower than the national median house price of $338,100. However, even with this lower average value, the one year appreciation rate in 72736 Gravette is 16.21%, which is significantly higher than the national one year appreciation rate of 8.27%. This suggests a strong local economy and increasing demand for housing in the area that could make it a great investment for those interested in purchasing or selling property.
The median home cost in Gravette (zip 72736) is $255,800. Home appreciation the last 10 years has been 124.7%. Home Appreciation in Gravette (zip 72736) is up 23.4%.
Average Age of Homes
- The median age of Gravette (zip 72736) real estate is 32 years old
The Rental Market in Gravette (zip 72736)
- Renters make up 26.5% of the Gravette (zip 72736) population
- 0.0% of houses and apartments in Gravette (zip 72736), 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.