The median housing value in 72847 London, AR is $161,800, which is considerably lower than the median housing value in the US of $338,100. Over the last year, houses in 72847 London, AR have appreciated by 15.07%, much higher than the US appreciation rate of 8.27%. This suggests that 72847 London, AR is an area with a high demand for real estate and a good investment opportunity. As more people move to this area, it is likely that prices will continue to rise and yields will remain high for those investing in property here.
The median home cost in London (zip 72847) is $161,800. Home appreciation the last 10 years has been 57.5%. Home Appreciation in London (zip 72847) is up 17.9%.
Average Age of Homes
- The median age of London (zip 72847) real estate is 28 years old
The Rental Market in London (zip 72847)
- Renters make up 20.2% of the London (zip 72847) population
- 0.0% of houses and apartments in London (zip 72847), 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.