The housing market in 71740 Emerson, AR is thriving. The median value of housing in the area is $106,500, which is significantly lower than the US House Median Value of $338,100. Despite this difference in value, the 1 year house appreciation rate in Emerson is actually higher than the national average at 15.07%, compared to 8.27%. This shows that Emerson's housing market is growing quickly and could be a great opportunity for potential buyers looking for an affordable location with a strong appreciation rate.
The median home cost in Emerson (zip 71740) is $106,500. Home appreciation the last 10 years has been 57.5%. Home Appreciation in Emerson (zip 71740) is up 17.9%.
Average Age of Homes
- The median age of Emerson (zip 71740) real estate is 37 years old
The Rental Market in Emerson (zip 71740)
- Renters make up 17.9% of the Emerson (zip 71740) population
- 0.0% of houses and apartments in Emerson (zip 71740), 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.