The housing market in Leola, AR (72084) is booming. The median value of homes in the area is $86,600, which is significantly lower than the national median value of $338,100. This lower cost makes Leola an attractive option for potential buyers. Additionally, the one-year appreciation rate on homes in the area has been 12.20%, higher than the national average of 8.27%. With a low cost and rapid appreciation rate, Leola could be a great option for anyone looking to invest in a home.
The median home cost in Leola (zip 72084) is $86,600. Home appreciation the last 10 years has been 56.1%. Home Appreciation in Leola (zip 72084) is up 15.1%.
Average Age of Homes
- The median age of Leola (zip 72084) real estate is 40 years old
The Rental Market in Leola (zip 72084)
- Renters make up 21.0% of the Leola (zip 72084) population
- 1.0% of houses and apartments in Leola (zip 72084), 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.