The housing market in 71603 Pine Bluff, AR is experiencing a decline in median value. According to the given context, the median housing value in Pine Bluff is $101,200, compared to the US House Median Value of $338,100. Furthermore, while the US 1 year House Appreciation rate is 8.27%, the 1 year appreciation rate for this area has dropped to an alarming -100.00%. This indicates a major decrease in home values and further suggests that potential buyers and sellers should be aware of these trends when considering purchasing or selling property in this area.
The median home cost in Pine Bluff (zip 71603) is $101,200. Home appreciation the last 10 years has been 53.6%. Home Appreciation in Pine Bluff (zip 71603) is up 19.7%.
Average Age of Homes
- The median age of Pine Bluff (zip 71603) real estate is 43 years old
The Rental Market in Pine Bluff (zip 71603)
- Renters make up 30.1% of the Pine Bluff (zip 71603) population
- 1.9% of houses and apartments in Pine Bluff (zip 71603), 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.