The housing in Ratcliff, AR (72951) is seeing an upward trend in median house value. The median house value is currently $125,700, which is significantly lower than the US median house value of $338,100. However, Ratcliff has seen a more significant increase in home values over the past year compared to the US average. The US 1 year house appreciation rate was 8.27%, while Ratcliff's 1 year appreciation rate was 13.61%. This trend suggests that Ratcliff may still be a good area for potential buyers looking for lower priced homes with strong appreciation potential.
The median home cost in Ratcliff (zip 72951) is $125,700. Home appreciation the last 10 years has been 65.3%. Home Appreciation in Ratcliff (zip 72951) is up 18.5%.
Average Age of Homes
- The median age of Ratcliff (zip 72951) real estate is 33 years old
The Rental Market in Ratcliff (zip 72951)
- Renters make up 18.4% of the Ratcliff (zip 72951) population
- 0.0% of houses and apartments in Ratcliff (zip 72951), 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.