The housing market in 72863 Scranton, AR is an excellent opportunity for buyers and investors. The median value of a house in 72863 Scranton, AR is $156,700 which is significantly lower than the US median value of $338,100. This makes it a great option for those looking to purchase a home at an affordable price point. In addition, over the past year the appreciation rate has been 15.07%, higher than the US average of 8.27%. Therefore, this area has seen significant growth in home values and is a great place to consider investing in real estate.
The median home cost in Scranton (zip 72863) is $156,700. Home appreciation the last 10 years has been 57.5%. Home Appreciation in Scranton (zip 72863) is up 17.9%.
Average Age of Homes
- The median age of Scranton (zip 72863) real estate is 36 years old
The Rental Market in Scranton (zip 72863)
- Renters make up 14.0% of the Scranton (zip 72863) population
- 0.0% of houses and apartments in Scranton (zip 72863), 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.