Russell, AR Foreclosures
How much do homes sell for in Russell, AR?
The average home price is currently $125,941.
In Russell, AR, how many homes are available?
There are currently 1 active home listings available in Russell.
What’s the average rental cost in Russell, AR?
The average rental price in Russell is $902.
What is the most expensive home in Russell?
The most expensive home sold in Russell had a price of $348,700.
What is currently the cheapest priced home in Russell, AR?
The cheapest home for sale in Russell is priced at $44,137.
Living in Russell, AR
Russell, Arkansas is a quaint town nestled in the picturesque Ozarks. It boasts a friendly community, excellent schools, and beautiful outdoor spaces for recreation. This calm environment makes it ideal for families and retirees seeking a peaceful lifestyle.
Current Market Conditions in Russell, AR
Russell's real estate market has shown steady growth over the past few years. The demand for homes has increased as more people seek to escape urban settings and relocate to quieter, suburban areas. This has led to a modest rise in home prices, marking it as a desirable place for investment, especially for families looking for affordable housing options.
In the current market, first-time homebuyers are finding opportunities in Russell. The inventory remains lower than the demand, but various financing options are available to assist potential buyers. Overall, the market is viewed positively, with future projections suggesting continued interest in the area.
Home Value Estimator For Russell, AR
There are currently 14 real estate properties
in Russell, AR,
with a median automated valuation model (AVM) price
of $74,900.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Russell, 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 Russell, AR,
is $125,941.00, with the most expensive house
in Russell, AR, topping out
at $348,700.00 and the cheapest home
in Russell, AR,
clocking in at $44,137.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Russell, AR!
Rent Prices
In Russell, AR
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Russell, AR, is on
a rollercoaster ride. The
average rent price in Russell, AR,
is $902.00. Indeed, when looking to rent in
Russell, AR, you can expect to pay as little
as $580.00 or as much
as $1,340.00,
with the average rent median estimated to
be $830.00. The good news is that finding
an affordable and desirable property to rent in Russell, 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.
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