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Foreclosure Homes in Rector, AR 72461

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Rector, AR Foreclosures

How much do homes sell for in Rector, AR?
The average home price is currently $130,555.
In Rector, AR, how many homes are available?
There are currently 6 active home listings available in Rector.
What’s the average rental cost in Rector, AR?
The average rental price in Rector is $854.
What is the most expensive home in Rector?
The most expensive home sold in Rector had a price of $3,466,712.
What is currently the cheapest priced home in Rector, AR?
The cheapest home for sale in Rector is priced at $16,028.

Living in Rector, AR

Rector, Arkansas is a quaint town that offers a peaceful lifestyle amid beautiful rural landscapes. With friendly residents, local amenities, and a tight-knit community, it is an ideal place for families and retirees. Access to outdoor activities and cultural experiences enhances the overall living experience in this charming town.

Current Market Conditions in Rector, AR

The real estate market in Rector has shown signs of stability, with a moderate demand for homes. Over the past few months, there has been a slight increase in home sales, attributed to affordable housing options and low-interest rates. The community's charm and growing interest from potential buyers, especially those looking for a quieter lifestyle, contribute to a conducive market environment.

While the market remains accessible, the inventory of homes for sale is beginning to dwindle, which might raise home prices as demand continues to outpace supply. First-time homebuyers are particularly active, seeking affordable options in a community setting.

Home Value Estimator For Rector, AR

There are currently 1,435 real estate properties in Rector, AR, with a median automated valuation model (AVM) price of $103,863.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Rector, 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 Rector, AR, is $130,555.00, with the most expensive house in Rector, AR, topping out at $3,466,712.00 and the cheapest home in Rector, AR, clocking in at $16,028.00. In other words, there’s something for every potential homebuyer or savvy investor in Rector, AR!

Rent Prices In Rector, AR

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Rector, AR, is on a rollercoaster ride. The average rent price in Rector, AR, is $854.00. Indeed, when looking to rent in Rector, AR, you can expect to pay as little as $450.00 or as much as $1,920.00, with the average rent median estimated to be $810.00. The good news is that finding an affordable and desirable property to rent in Rector, 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.

Rector, AR 72461 Foreclosures


Market Trend for Rector, AR

Total Listings Available: 6

Market Values:

Home Prices from $16,028 to $3,466,712

Average Sales Price: $130,555

Rental Values:

Rental from $450 to $1,920

Average Rent Value: $854 / month

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