Local real estate market continues steady recovery
Home prices in Mountain Home and across Elmore County remained on the rise earlier this year while the demand for houses in the local area indicated continued recovery following the housing market collapse nearly a decade ago.
According to information provided by the Elmore County Board of Realtors last week, the median price of a single-family home from January to March stood at $123,450.
This amount was nearly $70,000 above the same sales figures from the same three-month period last year, said Jennifer Essig, a representative with the Elmore County Board of Realtors. Between April and June of this year, the average price of a home shot up to $142,450, which was $50,000 more than what people were paying during the same period in 2016.
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