The housing market in 72936 Greenwood, AR is a strong one, with the median value of homes standing at $196,500. This is significantly lower than the US median value of $338,100. In addition to this large gap in price points between this location and the national average, there is also a notable difference in appreciation rates. The US 1 year house appreciation rate is 8.27%, while in 72936 Greenwood, AR it stands at 13.61%. This higher appreciation rate indicates that this area of Arkansas has an especially robust housing market that could be beneficial for potential buyers and investors alike.
The median home cost in Greenwood (zip 72936) is $196,500. Home appreciation the last 10 years has been 65.3%. Home Appreciation in Greenwood (zip 72936) is up 18.5%.
Average Age of Homes
- The median age of Greenwood (zip 72936) real estate is 27 years old
The Rental Market in Greenwood (zip 72936)
- Renters make up 20.7% of the Greenwood (zip 72936) population
- 1.4% of houses and apartments in Greenwood (zip 72936), 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.