The housing market in Manila, AR (72442) is showing strong signs of growth. According to the information provided, the median value of a house in 72442 currently stands at $146,500 which is significantly lower than the US median house value of $338,100. However, what is even more remarkable is that over the last year there has been an appreciation of 15.59%, compared to only 8.27% nationally. This shows that housing in Manila, AR is growing faster than the national average and may be a good investment opportunity for potential buyers.
The median home cost in Manila (zip 72442) is $146,500. Home appreciation the last 10 years has been 57.0%. Home Appreciation in Manila (zip 72442) is up 13.4%.
Average Age of Homes
- The median age of Manila (zip 72442) real estate is 32 years old
The Rental Market in Manila (zip 72442)
- Renters make up 31.2% of the Manila (zip 72442) population
- 4.4% of houses and apartments in Manila (zip 72442), 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.