Housing in 71759 Norphlet, AR has been appreciating at a faster rate than the US median. With a median value of $163,400, the home values in this area have increased by 15.07% in the last year. This is substantially higher than the 8.27% gain seen throughout the US as a whole, meaning that Norphlet is experiencing more rapid housing growth than other parts of the country. Despite being lower than the median US value of $338,100, housing prices are continuing to rise and increase in value here.
The median home cost in Norphlet (zip 71759) is $163,400. Home appreciation the last 10 years has been 57.5%. Home Appreciation in Norphlet (zip 71759) is up 17.9%.
Average Age of Homes
- The median age of Norphlet (zip 71759) real estate is 43 years old
The Rental Market in Norphlet (zip 71759)
- Renters make up 17.1% of the Norphlet (zip 71759) population
- 3.6% of houses and apartments in Norphlet (zip 71759), 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.