Zip 71962 (Okolona, AR) Housing

Housing in 71962 Okolona, AR is very affordable when compared to the US House Median Value of $338,100. The Median Value of Housing in the area is only $97,500. While house appreciation in the US stands at 8.27%, it is even higher in 71962 Okolona, AR with a 1 year appreciation rate of 19.03%. This makes for an ideal place to invest in real estate as it offers a high return on investment.

The median home cost in Okolona (zip 71962) is $97,500. Home appreciation the last 10 years has been 65.8%. Home Appreciation in Okolona (zip 71962) is up 19.0%.

Average Age of Homes

- The median age of Okolona (zip 71962) real estate is 34 years old

The Rental Market in Okolona (zip 71962)

- Renters make up 26.3% of the Okolona (zip 71962) population
- 1.3% of houses and apartments in Okolona (zip 71962), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Okolona, Arkansas	United States
	448.0	139,647,020.0
	37	42
	$97,500	$338,100
	19.0%	16.6%
	52.8%	57.0%
	65.8%	101.1%
	$6.28	$10.98
	$488	$2,690
	61.2%	57.4%
	28.3%	11.2%
	10.5%	31.4%
Vacant Housing
	1.3%	1.9%
	0.0%	0.4%
	3.1%	0.7%
	0.0%	0.4%
	7.6%	3.6%
	16.3%	4.1%
Value of Owner-Occupied Housing
	1.1%	2.6%
	5.1%	2.4%
	10.2%	2.8%
	28.8%	3.9%
	16.8%	4.5%
	4.0%	11.3%
	13.1%	13.0%
	15.7%	20.1%
	1.1%	13.6%
	0.0%	8.3%
	2.9%	9.7%
	0.0%	3.9%
	1.1%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	3.6%	13.6%
	3.6%	13.6%
	21.4%	13.6%
	25.0%	13.2%
	14.5%	14.8%
	21.4%	13.6%
	0.9%	10.0%
	6.9%	4.7%
	4.7%	12.2%

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