The housing market in Rison, AR (71665) is not looking good. The median value of housing in this area is $121,100, which is significantly lower than the US median house value of $338,100. Even worse, the 1-year appreciation rate for houses in Rison has been a whopping -100%, meaning that housing values have decreased drastically over the past year. This is in stark contrast to the US 1-year house appreciation rate of 8.27%, as most other areas across the U.S., have seen their housing values grow significantly over the last 12 months.
The median home cost in Rison (zip 71665) is $121,100. Home appreciation the last 10 years has been 53.6%. Home Appreciation in Rison (zip 71665) is up 19.7%.
Average Age of Homes
- The median age of Rison (zip 71665) real estate is 33 years old
The Rental Market in Rison (zip 71665)
- Renters make up 18.1% of the Rison (zip 71665) population
- 0.4% of houses and apartments in Rison (zip 71665), 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.