Surveys regularly evaluate real estate conditions throughout the United States. Recent assessments reveal that a number of states are worth considering whether desiring to move or just invest.
Arkansas
The median home price as of 2022 in the state was $159,714. Real estate values are on a steady rise of more than 15%. Property taxes are under $800 annually. Approximately 84% of residential areas are occupied. Rental property prospects are not as attractive. Rent averages slightly more than $900 monthly. But, only 35% of rental properties are occupied. Employment options have risen more than 3%.
Arkansas is an outdoor enthusiast’s dream with more than a dozen rivers plus numerous lakes and streams. The upper highlands feature the Ouachita and the Ozark Mountain ranges. Camping, hiking, fishing, and other outdoor activities are common pastimes. Blanchard Springs Caverns and other cave systems are ripe for exploration.
Idaho
Recent statistics indicate that the average median home value hovers around $446,550. Property taxes range between $800 and $1,499 depending on location and the size of the property. Home prices are on the rise by more than 38%. Of all the homes in Idaho, 87% are occupied. On the other hand, 28% of rental properties are occupied. The average monthly rate is $1,429. Employment opportunities in the state have risen by more than 4%.
Idaho is another great location for anyone desiring to enjoy a more rural atmosphere. There are 2.3 million acres of unspoiled wilderness for enjoying outdoor adventures year-round. Scenic locations about thanks to six mountain ranges and the Salmon-Challis National Forest. Lakes and rivers are also in abundance, with the Snake River being the most prominent.
New Mexico
The median value of homes in the state is reported as being $259,771. Home values have risen more than 18% in the past year. Property taxes are less than $800. Up to 84% of the homes are occupied. Rental properties have a 32% occupancy. Rent averages $1,351 each month. Job growth is at an increase of 5.59%.
New Mexico offers a mix of climate and terrain that range from the cooler climate of the forested mountains in the north and the east to the arid, hot desert of the south and western regions.