The housing market in 72564 Oil Trough, AR is significantly more affordable than the US average. The median value of a house in 72564 Oil Trough is $89,200, compared to the US median value of $338,100. This means that the housing market in 72564 Oil Trough is about one-fourth of the cost of other markets throughout the country. On top of this affordability, home values have appreciated by 15.07% in just one year, which is higher than the 8.27% 1-year appreciation rate for homes nationally. These factors make 72564 Oil Trough an attractive option for people looking to buy a home without breaking their budget.
The median home cost in Oil Trough (zip 72564) is $89,200. Home appreciation the last 10 years has been 57.5%. Home Appreciation in Oil Trough (zip 72564) is up 17.9%.
Average Age of Homes
- The median age of Oil Trough (zip 72564) real estate is 38 years old
The Rental Market in Oil Trough (zip 72564)
- Renters make up 55.2% of the Oil Trough (zip 72564) population
- 0.0% of houses and apartments in Oil Trough (zip 72564), 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.