The housing median value in 71675 Wilmar, AR is $112,500, which is significantly lower than the US house median value of $338,100. Furthermore, the 1 year house appreciation rate in 71675 Wilmar, AR is a staggering -100%, indicating that housing prices have actually gone down over the past year. This puts 71675 Wilmar, AR well below the average US 1 year house appreciation rate of 8.27%. The decline in housing values could be due to a variety of factors such as an economic downturn or an increase in housing inventory. Nonetheless, it is clear that the current market conditions for housing in 71675 Wilmar, AR are unfavorable.
The median home cost in Wilmar (zip 71675) is $112,500. Home appreciation the last 10 years has been 53.6%. Home Appreciation in Wilmar (zip 71675) is up 19.7%.
Average Age of Homes
- The median age of Wilmar (zip 71675) real estate is 39 years old
The Rental Market in Wilmar (zip 71675)
- Renters make up 17.6% of the Wilmar (zip 71675) population
- 0.0% of houses and apartments in Wilmar (zip 71675), 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.