Black Oak, AR Foreclosures
How much do homes sell for in Black Oak, AR?
The average home price is currently $141,108.
In Black Oak, AR, how many homes are available?
There are currently 1 active home listings available in Black Oak.
What’s the average rental cost in Black Oak, AR?
The average rental price in Black Oak is $899.
What is the most expensive home in Black Oak?
The most expensive home sold in Black Oak had a price of $529,817.
What is currently the cheapest priced home in Black Oak, AR?
The cheapest home for sale in Black Oak is priced at $20,086.
Living in Black Oak, AR
Black Oak, Arkansas is a small and welcoming community that offers a rural lifestyle with close-knit neighborhood ties. Nestled in the northeastern part of the state, this town is known for its agricultural roots and peaceful surroundings. Residents enjoy a slower pace of life while still having access to essential amenities and recreational activities nearby.
Current Market Conditions in Black Oak, AR
The real estate market in Black Oak, AR, is currently showing signs of gradual growth, with a steady increase in home prices over the past few months. The demand for affordable housing has led to increased interest in properties, especially among first-time homebuyers looking for a quiet place to live.
With a modest inventory of homes for sale, prospective buyers may find themselves in a competitive environment. Homes are often selling quickly, and areas surrounding Black Oak are also seeing a rise in popularity due to their rural charm and proximity to urban amenities.
Home Value Estimator For Black Oak, AR
There are currently 141 real estate properties
in Black Oak, AR,
with a median automated valuation model (AVM) price
of $113,288.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Black Oak, 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 Black Oak, AR,
is $141,108.00, with the most expensive house
in Black Oak, AR, topping out
at $529,817.00 and the cheapest home
in Black Oak, AR,
clocking in at $20,086.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Black Oak, AR!
Rent Prices
In Black Oak, AR
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Black Oak, AR, is on
a rollercoaster ride. The
average rent price in Black Oak, AR,
is $899.00. Indeed, when looking to rent in
Black Oak, AR, you can expect to pay as little
as $530.00 or as much
as $1,780.00,
with the average rent median estimated to
be $840.00. The good news is that finding
an affordable and desirable property to rent in Black Oak, 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
