Arkoma, OK Foreclosures
How much do homes sell for in Arkoma, OK?
The average home price is currently $91,725.
In Arkoma, OK, how many homes are available?
There are currently 5 active home listings available in Arkoma.
What’s the average rental cost in Arkoma, OK?
The average rental price in Arkoma is $817.
What is the most expensive home in Arkoma?
The most expensive home sold in Arkoma had a price of $510,500.
What is currently the cheapest priced home in Arkoma, OK?
The cheapest home for sale in Arkoma is priced at $8,389.
Living in Arkoma, OK
Arkoma, OK is a charming small town that offers a close community feel with access to outdoor activities and essential conveniences. Its proximity to Fort Smith provides residents with additional amenities while maintaining a peaceful lifestyle. The local schools are highly regarded, making it a great place for families.
Current Market Conditions in Arkoma, OK
The current real estate market in Arkoma is seeing steady demand, driven by its affordability compared to nearby urban centers. Properties in the area are attracting both first-time buyers and investors due to the historical price stability and recent interest in suburban living.
Home sales have been increasing, and there is a noticeable trend of families relocating to the area for its excellent school system and community-oriented lifestyle, which benefits the overall market.
Though the inventory is somewhat limited, new listings are emerging, providing buyers with options that range from quaint single-family houses to more spacious properties as the market adapts to increased interest.
Home Value Estimator For Arkoma, OK
There are currently 707 real estate properties
in Arkoma, OK,
with a median automated valuation model (AVM) price
of $80,657.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Arkoma, OK, 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 Arkoma, OK,
is $91,725.00, with the most expensive house
in Arkoma, OK, topping out
at $510,500.00 and the cheapest home
in Arkoma, OK,
clocking in at $8,389.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Arkoma, OK!
Rent Prices
In Arkoma, OK
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Arkoma, OK, is on
a rollercoaster ride. The
average rent price in Arkoma, OK,
is $817.00. Indeed, when looking to rent in
Arkoma, OK, you can expect to pay as little
as $420.00 or as much
as $1,490.00,
with the average rent median estimated to
be $770.00. The good news is that finding
an affordable and desirable property to rent in Arkoma, OK
-- 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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