The housing market in Lynn, AR (zip code 72440) is thriving. According to the latest figures, the median value of a home in the area is $97,600, which is significantly lower than the national median house value of $338,100. In addition, the one-year appreciation rate for homes in Lynn has been a very healthy 15.59%, much higher than the 8.27% U.S. average over the same period. This suggests that now is an opportune time to invest in local real estate and take advantage of these favorable market conditions.
The median home cost in Lynn (zip 72440) is $97,600. Home appreciation the last 10 years has been 57.0%. Home Appreciation in Lynn (zip 72440) is up 13.4%.
Average Age of Homes
- The median age of Lynn (zip 72440) real estate is 42 years old
The Rental Market in Lynn (zip 72440)
- Renters make up 16.2% of the Lynn (zip 72440) population
- 0.0% of houses and apartments in Lynn (zip 72440), 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.