The housing in 71968 Royal, AR is significantly increasing in value with a median value of $248,600. This is much lower than the US House Median Value of $338,100. The US 1 year House Appreciation rate is 8.27%, while the House 1 year appreciation rate for 71968 Royal, AR is 19.03%. This indicates that home prices are drastically increasing within the area and suggests that now may be the time to invest in real estate in this location.
The median home cost in Royal (zip 71968) is $248,600. Home appreciation the last 10 years has been 65.8%. Home Appreciation in Royal (zip 71968) is up 19.0%.
Average Age of Homes
- The median age of Royal (zip 71968) real estate is 30 years old
The Rental Market in Royal (zip 71968)
- Renters make up 7.8% of the Royal (zip 71968) population
- 0.0% of houses and apartments in Royal (zip 71968), 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.