Housing in 71842 Horatio, AR is an excellent investment considering the median value of $142,800 is significantly lower than the US median house value of $338,100. The 1 year house appreciation rate for the US is 8.27%, while Horatio's rate is 17.64%. This suggests that investing in housing in Horatio would potentially yield higher returns than other areas around the country. The fact that it is already significantly cheaper to begin with makes Horatio a great option for anyone looking to invest in real estate.
The median home cost in Horatio (zip 71842) is $142,800. Home appreciation the last 10 years has been 68.4%. Home Appreciation in Horatio (zip 71842) is up 17.9%.
Average Age of Homes
- The median age of Horatio (zip 71842) real estate is 36 years old
The Rental Market in Horatio (zip 71842)
- Renters make up 21.9% of the Horatio (zip 71842) population
- 5.9% of houses and apartments in Horatio (zip 71842), 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.