Arcola, MS Foreclosures
How much do homes sell for in Arcola, MS?
The average home price is currently $90,041.
In Arcola, MS, how many homes are available?
There are currently 139 active home listings available in Arcola.
What’s the average rental cost in Arcola, MS?
The average rental price in Arcola is $912.
What is the most expensive home in Arcola?
The most expensive home sold in Arcola had a price of $343,533.
What is currently the cheapest priced home in Arcola, MS?
The cheapest home for sale in Arcola is priced at $25,300.
Living in Arcola, MS
Arcola, Mississippi, is a picturesque small town that boasts a warm and inviting community. With its proximity to Greenville, residents enjoy a peaceful lifestyle enriched by local culture and traditions. From outdoor activities to community events, Arcola provides a fulfilling living experience for families and individuals alike.
Current Market Conditions in Arcola, MS
The real estate market in Arcola is experiencing a gradual increase in interest among homebuyers, particularly due to its appealing rural setting and affordability. The town's properties often attract buyers looking for a quieter lifestyle away from bustling urban areas. Many homes in the area are historic and carry significant charm, attracting both local and out-of-state buyers seeking investment opportunities.
Over the past few months, the market has shown a slight uptick in home values, indicating a potential turning point for the market as more people look towards rural locations for housing. The steady demand for properties is reflected in the relatively low inventory available, which is maintaining prices at a stable rate.
Home Value Estimator For Arcola, MS
There are currently 209 real estate properties
in Arcola, MS,
with a median automated valuation model (AVM) price
of $74,500.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Arcola, MS, 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 Arcola, MS,
is $90,041.00, with the most expensive house
in Arcola, MS, topping out
at $343,533.00 and the cheapest home
in Arcola, MS,
clocking in at $25,300.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Arcola, MS!
Rent Prices
In Arcola, MS
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Arcola, MS, is on
a rollercoaster ride. The
average rent price in Arcola, MS,
is $912.00. Indeed, when looking to rent in
Arcola, MS, you can expect to pay as little
as $540.00 or as much
as $1,540.00,
with the average rent median estimated to
be $910.00. The good news is that finding
an affordable and desirable property to rent in Arcola, MS
-- 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.
Learn more on Foreclosure homes
