The housing market in Winchester, AR (zip code 71677) is not keeping up with the US housing market as a whole. The median house value in Winchester is $138,900, considerably lower than the US median house value of $338,100. Furthermore, while US houses have appreciated 8.27% over the past year, houses in Winchester have depreciated 100%, meaning that their values decreased instead of increasing. This could be due to a range of factors including a lack of demand for housing in the area or a decrease in local economic activity.
The median home cost in Winchester (zip 71677) is $138,900. Home appreciation the last 10 years has been 53.6%. Home Appreciation in Winchester (zip 71677) is up 19.7%.
Average Age of Homes
- The median age of Winchester (zip 71677) real estate is 26 years old
The Rental Market in Winchester (zip 71677)
- Renters make up 38.5% of the Winchester (zip 71677) population
- 0.0% of houses and apartments in Winchester (zip 71677), 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.