The housing in 72348 Hughes, AR is significantly more affordable than the US House Median Value. The Median Value for homes in this area is $127,500 - almost $200,000 less than the US House Median Value of $338,100. This makes it an attractive area for those who want to purchase a home but are on a budget. In addition, the one-year house appreciation rate in 72348 Hughes, AR is 15.07%, which is significantly higher than the US 1 year House Appreciation rate of 8.27%. Therefore, investing in property in this area can be a very good return on investment.
The median home cost in Hughes (zip 72348) is $127,500. Home appreciation the last 10 years has been 57.5%. Home Appreciation in Hughes (zip 72348) is up 17.9%.
Average Age of Homes
- The median age of Hughes (zip 72348) real estate is 40 years old
The Rental Market in Hughes (zip 72348)
- Renters make up 26.8% of the Hughes (zip 72348) population
- 2.0% of houses and apartments in Hughes (zip 72348), 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.