The housing market in 72856 Pelsor, AR is a great investment opportunity. The median value for houses in the area is $147,500, which is significantly lower than the US median of $338,100. Furthermore, house appreciation in 72856 Pelsor has been strong in the past year; it currently stands at 15.07%, much higher than the national average of 8.27%. Therefore investing in real estate in 72856 Pelsor can offer an excellent return on investment and should be strongly considered by potential buyers.
The median home cost in Pelsor (zip 72856) is $147,500. Home appreciation the last 10 years has been 57.5%. Home Appreciation in Pelsor (zip 72856) is up 17.9%.
Average Age of Homes
- The median age of Pelsor (zip 72856) real estate is 34 years old
The Rental Market in Pelsor (zip 72856)
- Renters make up 5.2% of the Pelsor (zip 72856) population
- 0.0% of houses and apartments in Pelsor (zip 72856), 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.