The housing market in New Edinburg, AR is much lower than the national median value of $338,100. The median value of a house in New Edinburg is only $86,400. Unfortunately, the 1 year appreciation rate for homes in this area is an unprecedented -100%, meaning property values have greatly declined over the past year. This stands in stark contrast to the nation's 1 year appreciation rate of 8.27%. It may be wise to wait until prices rebound before investing in real estate here.
The median home cost in New Edinburg is $86,400. Home appreciation the last 10 years has been 53.6%. Home Appreciation in New Edinburg is up 19.7%.
Average Age of Homes
- The median age of New Edinburg real estate is 24 years old
The Rental Market in New Edinburg
- Renters make up 0.0% of the New Edinburg population
- 0.0% of houses and apartments in New Edinburg, 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.