The housing market in 71959 Newhope, AR is booming compared to the national average, with a median value of $109,600, which is significantly lower than the US House Median Value of $338,100. The US 1 year House Appreciation rate was 8.27%, but in 71959 Newhope it was 19.03%, showing that the housing market in this area is quickly increasing in value and has been for at least a year. This makes this location an attractive option for potential homeowners looking to buy at a lower cost while still able to experience significant growth in home value over time.
The median home cost in Newhope (zip 71959) is $109,600. Home appreciation the last 10 years has been 65.8%. Home Appreciation in Newhope (zip 71959) is up 19.0%.
Average Age of Homes
- The median age of Newhope (zip 71959) real estate is 38 years old
The Rental Market in Newhope (zip 71959)
- Renters make up 24.5% of the Newhope (zip 71959) population
- 0.0% of houses and apartments in Newhope (zip 71959), 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.