Mena, AR (71953) is an affluent area with a median house value of $155,300. This is significantly lower than the US median house value of $338,100. However, over the past year Mena has experienced an impressive 19.03% appreciation in house values compared to the 8.27% national average. This is great news for those looking to invest in property in this area and provides a sound financial opportunity over time.
The median home cost in Mena (zip 71953) is $155,300. Home appreciation the last 10 years has been 65.8%. Home Appreciation in Mena (zip 71953) is up 19.0%.
Average Age of Homes
- The median age of Mena (zip 71953) real estate is 34 years old
The Rental Market in Mena (zip 71953)
- Renters make up 18.9% of the Mena (zip 71953) population
- 2.3% of houses and apartments in Mena (zip 71953), 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.