Bonanza, AR Foreclosures
How much do homes sell for in Bonanza, AR?
The average home price is currently $174,847.
In Bonanza, AR, how many homes are available?
There are currently 3 active home listings available in Bonanza.
What’s the average rental cost in Bonanza, AR?
The average rental price in Bonanza is $1,183.
What is the most expensive home in Bonanza?
The most expensive home sold in Bonanza had a price of $911,600.
What is currently the cheapest priced home in Bonanza, AR?
The cheapest home for sale in Bonanza is priced at $10,484.
Living in Bonanza, AR
Bonanza, AR is a quaint and charming small town that offers a peaceful lifestyle surrounded by nature. It’s known for its friendly community and excellent local schools, making it a great place for families and retirees alike. Residents enjoy access to outdoor activities and local amenities, ensuring a well-rounded living experience.
Current Market Conditions in Bonanza, AR
The real estate market in Bonanza has shown signs of growth over the past few months. Prices for homes are gradually increasing as demand rises, particularly for single-family homes. The area remains affordable compared to larger cities, attracting homebuyers looking for a quieter lifestyle without sacrificing access to amenities.
Investors are showing interest in Bonanza as the market stabilizes, resulting in a competitive environment for home sales. New listings are often met with interest, suggesting an upward trend in property values.
Home Value Estimator For Bonanza, AR
There are currently 158 real estate properties
in Bonanza, AR,
with a median automated valuation model (AVM) price
of $123,457.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Bonanza, 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 Bonanza, AR,
is $174,847.00, with the most expensive house
in Bonanza, AR, topping out
at $911,600.00 and the cheapest home
in Bonanza, AR,
clocking in at $10,484.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Bonanza, AR!
Rent Prices
In Bonanza, AR
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Bonanza, AR, is on
a rollercoaster ride. The
average rent price in Bonanza, AR,
is $1,183.00. Indeed, when looking to rent in
Bonanza, AR, you can expect to pay as little
as $890.00 or as much
as $1,910.00,
with the average rent median estimated to
be $1,190.00. The good news is that finding
an affordable and desirable property to rent in Bonanza, 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.
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