Bay, AR Foreclosures
How much do homes sell for in Bay, AR?
The average home price is currently $145,113.
In Bay, AR, how many homes are available?
There are currently 2 active home listings available in Bay.
What’s the average rental cost in Bay, AR?
The average rental price in Bay is $899.
What is the most expensive home in Bay?
The most expensive home sold in Bay had a price of $2,576,008.
What is currently the cheapest priced home in Bay, AR?
The cheapest home for sale in Bay is priced at $10,873.
Living in Bay, AR
Bay, Arkansas is a small but vibrant town known for its warm community spirit and beautiful natural surroundings. Residents enjoy a peaceful lifestyle with access to outdoor activities, local shops, and a strong sense of belonging. With quality educational institutions nearby and a range of amenities, Bay is an ideal place for families and individuals seeking a close-knit community atmosphere.
Current Market Conditions in Bay, AR
The real estate market in Bay, AR, has shown steady growth over the past year, driven by an increase in demand from both local buyers and those relocating from larger cities. Homes are being sold at competitive prices, and the inventory has been gradually decreasing, making it a good time for sellers considering listing their properties.
As more individuals look for affordable living options outside urban centers, Bay has become an attractive destination. With its low cost of living and picturesque setting, interest in real estate transactions has risen. The median home price is on the rise, which may spur more development in the area.
Home Value Estimator For Bay, AR
There are currently 807 real estate properties
in Bay, AR,
with a median automated valuation model (AVM) price
of $124,026.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Bay, 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 Bay, AR,
is $145,113.00, with the most expensive house
in Bay, AR, topping out
at $2,576,008.00 and the cheapest home
in Bay, AR,
clocking in at $10,873.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Bay, AR!
Rent Prices
In Bay, AR
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Bay, AR, is on
a rollercoaster ride. The
average rent price in Bay, AR,
is $899.00. Indeed, when looking to rent in
Bay, AR, you can expect to pay as little
as $470.00 or as much
as $2,020.00,
with the average rent median estimated to
be $870.00. The good news is that finding
an affordable and desirable property to rent in Bay, 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.
Learn more on Foreclosure homes
