The housing median value in Scotland, AR is $114,300, which is significantly lower than the US House Median Value of $338,100. Although the appreciation rate of houses in Scotland at 9.77% is slightly higher than the national average of 8.27%, it still lags far behind other regions in terms of affordability which makes it an attractive option for those looking to buy a home on a budget. While prices are lower than most areas, Scotland still has plenty to offer with its abundance of outdoor activities and recreational opportunities, making it an ideal place to live or visit.
The median home cost in Scotland (zip 72141) is $114,300. Home appreciation the last 10 years has been 52.4%. Home Appreciation in Scotland (zip 72141) is up 18.8%.
Average Age of Homes
- The median age of Scotland (zip 72141) real estate is 39 years old
The Rental Market in Scotland (zip 72141)
- Renters make up 14.3% of the Scotland (zip 72141) population
- 0.0% of houses and apartments in Scotland (zip 72141), 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.