The housing market in 72111 Mount Vernon, AR is looking quite favorable. The median value of a home here is $174,800, which is significantly lower than the US house median value of $338,100. In addition to this low median value, the 1 year house appreciation rate in Mount Vernon is 9.77%, which is higher than the US 1 year house appreciation rate of 8.27%. This combination of factors makes Mount Vernon an attractive option for potential buyers looking for a reliable and affordable real estate market.
The median home cost in Mount Vernon (zip 72111) is $174,800. Home appreciation the last 10 years has been 52.4%. Home Appreciation in Mount Vernon (zip 72111) is up 18.8%.
Average Age of Homes
- The median age of Mount Vernon (zip 72111) real estate is 32 years old
The Rental Market in Mount Vernon (zip 72111)
- Renters make up 11.3% of the Mount Vernon (zip 72111) population
- 0.0% of houses and apartments in Mount Vernon (zip 72111), 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.