Arcola, MS Foreclosures
How much do homes sell for in Arcola, MS?
The average home price is currently $92,875.
In Arcola, MS, how many homes are available?
There are currently 1 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 $358,847.
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, located in the heart of the Mississippi Delta, is a charming small town known for its friendly community and beautiful natural surroundings. With a strong agricultural influence, residents enjoy access to outdoor activities and nearby amenities. It's a perfect place for those looking for a peaceful lifestyle with the convenience of larger towns just a short drive away.
Current Market Conditions in Arcola, MS
The real estate market in Arcola, MS, is characterized by affordable housing options and a steady demand for homes. With a combination of older homes and new constructions, buyers can find various styles that fit their needs. The economic stability of the region, largely driven by agriculture, supports a steady influx of people seeking affordable living outside larger urban centers.
In recent months, the Arcola market has seen an increase in interest from both first-time homebuyers and investors, drawn by the area's affordable price points and potential for appreciation. As more individuals look to escape urban environments in favor of small-town living, Arcola is positioning itself as an attractive option.
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 $77,400.00. 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 $92,875.00, with the most expensive house
in Arcola, MS, topping out
at $358,847.00 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
