The housing market in 72717 Canehill, AR is booming, with the median value of homes reaching $222,400. This is significantly lower than the national median value of $338,100. However, over the past year the appreciation rate in 72717 Canehill, AR has been far higher than the national average at 16.21%, compared to a 8.27% rate nationally. This indicates that property values have increased significantly over this period and will likely continue to do so in the near future.
The median home cost in Canehill (zip 72717) is $222,400. Home appreciation the last 10 years has been 124.7%. Home Appreciation in Canehill (zip 72717) is up 23.4%.
Average Age of Homes
- The median age of Canehill (zip 72717) real estate is 34 years old
The Rental Market in Canehill (zip 72717)
- Renters make up 10.1% of the Canehill (zip 72717) population
- 0.0% of houses and apartments in Canehill (zip 72717), 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.