The housing market in 71846 Lockesburg, AR is doing very well. The median value of homes in the area is $122,500 which is significantly lower than the US median house value of $338,100. In addition, the appreciation rate of homes in the area over the past year was 17.64% which is almost double that of US homes at 8.27%. This indicates that there is strong demand for real estate in this area and that it's a great time to invest in the local housing market.
The median home cost in Lockesburg (zip 71846) is $122,500. Home appreciation the last 10 years has been 68.4%. Home Appreciation in Lockesburg (zip 71846) is up 17.9%.
Average Age of Homes
- The median age of Lockesburg (zip 71846) real estate is 31 years old
The Rental Market in Lockesburg (zip 71846)
- Renters make up 23.0% of the Lockesburg (zip 71846) population
- 1.1% of houses and apartments in Lockesburg (zip 71846), 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.