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Foreclosure Homes in Altus, AR

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Altus, AR Foreclosures

How much do homes sell for in Altus, AR?
The average home price is currently $157,205.
In Altus, AR, how many homes are available?
There are currently 6 active home listings available in Altus.
What’s the average rental cost in Altus, AR?
The average rental price in Altus is $827.
What is the most expensive home in Altus?
The most expensive home sold in Altus had a price of $1,896,878.
What is currently the cheapest priced home in Altus, AR?
The cheapest home for sale in Altus is priced at $10,757.

Living in Altus, AR

Altus, Arkansas, is a quaint town surrounded by breathtaking Ozark scenery. With its friendly community, outdoor recreational activities, and charming local businesses, it offers a peaceful lifestyle with convenient access to larger urban areas. Altus also boasts a growing wine tourism industry that adds to its allure.

Current Market Conditions in Altus, AR

The real estate market in Altus is currently characterized by steady growth, with a rising demand for homes due to the town's appealing lifestyle and natural attractions. Property values have increased moderately over the past year, making it an attractive investment for potential buyers.

Recent trends indicate a healthy turnover in home sales as families and retirees seek residences in this picturesque Arkansas town. The affordability of properties compared to surrounding cities enhances Altus's attractiveness for new residents.

Overall, the market remains competitive yet accessible, with buyers benefitting from reasonable prices and availability of diverse home options.

Home Value Estimator For Altus, AR

There are currently 628 real estate properties in Altus, AR, with a median automated valuation model (AVM) price of $105,283.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Altus, 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 Altus, AR, is $157,205.00, with the most expensive house in Altus, AR, topping out at $1,896,878.00 and the cheapest home in Altus, AR, clocking in at $10,757.00. In other words, there’s something for every potential homebuyer or savvy investor in Altus, AR!

Rent Prices In Altus, AR

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Altus, AR, is on a rollercoaster ride. The average rent price in Altus, AR, is $827.00. Indeed, when looking to rent in Altus, AR, you can expect to pay as little as $500.00 or as much as $1,840.00, with the average rent median estimated to be $780.00. The good news is that finding an affordable and desirable property to rent in Altus, 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.

Altus, AR Foreclosures


Market Trend for Altus, AR

Total Listings Available: 6

Market Values:

Home Prices from $10,757 to $1,896,878

Average Sales Price: $157,205

Rental Values:

Rental from $500 to $1,840

Average Rent Value: $827 / month

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