The housing market in Mayflower, AR (72106) has a median value of $168,500, which is significantly less than the US house median value of $338,100. However, the 1 year appreciation rate for housing in the Mayflower area is 9.77%, slightly higher than the US house appreciation rate of 8.27%. The relatively low median home value and high appreciation rate make Mayflower an attractive place to live for those looking to purchase or invest in real estate.
The median home cost in Mayflower (zip 72106) is $168,500. Home appreciation the last 10 years has been 52.4%. Home Appreciation in Mayflower (zip 72106) is up 18.8%.
Average Age of Homes
- The median age of Mayflower (zip 72106) real estate is 23 years old
The Rental Market in Mayflower (zip 72106)
- Renters make up 27.4% of the Mayflower (zip 72106) population
- 4.4% of houses and apartments in Mayflower (zip 72106), 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.