Living in Clarendon, AR
Clarendon, Arkansas, is a quaint town that offers a friendly community, rich history, and a peaceful lifestyle. Residents enjoy local amenities, quality schools, and easy access to outdoor activities. With its rural charm and supportive environment, Clarendon is an ideal place for families and individuals seeking a quieter life away from the hustle and bustle.
Current Market Conditions in Clarendon, AR
The real estate market in Clarendon is currently showing signs of stability, with a slight uptick in home values over the past few months. The area has seen a modest increase in buyers looking for affordable housing options, contributing to a balanced market where both sellers and buyers can find suitable opportunities.
Inventory levels are fairly low, which has led to increasing competition among buyers. Homes are generally selling within a reasonable timeframe, particularly those priced well within the community's average. However, some higher-end listings are taking a longer time to sell as buyers weigh their options.
Clarendon appeals to first-time buyers and those looking to invest in affordable properties or rental units, particularly given the current market dynamics.
Home Value Estimator For Clarendon, AR
There are currently 589 real estate properties
in Clarendon, AR,
with a median automated valuation model (AVM) price
of $66,687.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Clarendon, AR, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Clarendon, AR,
is $82,524.00, with the most expensive house
in Clarendon, AR, topping out
at $529,110.00 and the cheapest home
in Clarendon, AR,
clocking in at $12,200.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Clarendon, AR!
Rent Prices
In Clarendon, AR
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Clarendon, AR, is on
a rollercoaster ride. The
average rent price in Clarendon, AR,
is $928.00. Indeed, when looking to rent in
Clarendon, AR, you can expect to pay as little
as $520.00 or as much
as $1,430.00,
with the average rent median estimated to
be $910.00. The good news is that finding
an affordable and desirable property to rent in Clarendon, AR
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.