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 1 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, Arkansas, is a quiet town that exudes charm and community spirit. With its lush surroundings, residents can enjoy a variety of outdoor activities. The town's amenities, including schools and local shops, make it an inviting place for families and individuals alike.
Current Market Conditions in Bonanza, AR
The real estate market in Bonanza, AR, reflects a calm yet stable environment, appealing to both first-time homebuyers and investors. Homes in the area often convey a sense of value due to the affordability in comparison to larger urban centers. The demand for homes in this area is steady as people seek to escape the congestion of city life for a more tranquil setting.
Over the past few months, Bonanza has seen a slight uptick in property listings, indicating a healthy turnover in the market. With properties often moving quickly, buyers are encouraged to act promptly when finding a suitable home. There's a noticeable interest from remote workers and those looking for second homes, bolstering the market activity.
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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