Marvell, AR is a great place to invest in real estate. The median housing value in the area is $52,400, which is significantly lower than the US house median value of $338,100. This makes it an attractive option for potential buyers looking for a good deal. Furthermore, the 1 year house appreciation rate in Marvell, AR is 15.07%, which is almost double the US appreciation rate of 8.27%. Therefore, buying property in Marvell can be a sound financial decision that could yield substantial returns on investment over time.
The median home cost in Marvell is $52,400. Home appreciation the last 10 years has been 57.5%. Home Appreciation in Marvell is up 17.9%.
Average Age of Homes
- The median age of Marvell real estate is 53 years old
The Rental Market in Marvell
- Renters make up 42.4% of the Marvell population
- 0.0% of houses and apartments in Marvell, 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.