The housing market in Magness, Arkansas (72553) has seen an impressive increase in value over the past 12 months. The median house value currently sits at $132,500, which is significantly lower than the US house median value of $338,100. Over the last year, however, there has been a notable 15.07% appreciation rate for housing in Magness. This is more than double the US 1-year house appreciation rate of 8.27%, indicating that there are potential benefits to investing in the local housing market in this area.
The median home cost in Magness (zip 72553) is $132,500. Home appreciation the last 10 years has been 57.5%. Home Appreciation in Magness (zip 72553) is up 17.9%.
Average Age of Homes
- The median age of Magness (zip 72553) real estate is 38 years old
The Rental Market in Magness (zip 72553)
- Renters make up 0.0% of the Magness (zip 72553) population
- 0.0% of houses and apartments in Magness (zip 72553), 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.