In 72576 Salem, AR, the median value of a house is $131,100, which is much lower than the US House Median Value of $338,100. Despite this disparity in price, the area has shown significantly higher appreciation in the last year than the national average - 15.07% compared to 8.27%. This means that in 72576 Salem, AR it's easier for people to purchase a home and its also a great investment opportunity with potential for substantial returns over time.
The median home cost in Salem (zip 72576) is $131,100. Home appreciation the last 10 years has been 57.5%. Home Appreciation in Salem (zip 72576) is up 17.9%.
Average Age of Homes
- The median age of Salem (zip 72576) real estate is 36 years old
The Rental Market in Salem (zip 72576)
- Renters make up 30.2% of the Salem (zip 72576) population
- 1.5% of houses and apartments in Salem (zip 72576), 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.