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Foreclosure Homes in Bono, AR 72416

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Bono, AR Foreclosures

How much do homes sell for in Bono, AR?
The average home price is currently $200,406.
In Bono, AR, how many homes are available?
There are currently 20 active home listings available in Bono.
What’s the average rental cost in Bono, AR?
The average rental price in Bono is $1,016.
What is the most expensive home in Bono?
The most expensive home sold in Bono had a price of $2,384,602.
What is currently the cheapest priced home in Bono, AR?
The cheapest home for sale in Bono is priced at $8,190.

Living in Bono, AR

Bono, Arkansas, is a quaint rural town known for its welcoming atmosphere and strong community ties. Offering a mix of natural beauty and local heritage, it provides a serene living experience with access to essential amenities. Families and individuals alike can enjoy the peaceful lifestyle and the camaraderie of small-town living.

Current Market Conditions in Bono, AR

The real estate market in Bono, AR, is currently experiencing moderate growth, with home prices showing a stable trend. This presents an attractive opportunity for investors seeking affordable properties with potential for appreciation over time.

As the demand for rural living spaces increases, Bono has seen a rise in home renovations and new constructions, making it a prime area for investors interested in flipping homes or renting properties.

Home Value Estimator For Bono, AR

There are currently 2,004 real estate properties in Bono, AR, with a median automated valuation model (AVM) price of $167,200.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Bono, 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 Bono, AR, is $200,406.00, with the most expensive house in Bono, AR, topping out at $2,384,602.00 and the cheapest home in Bono, AR, clocking in at $8,190.00. In other words, there’s something for every potential homebuyer or savvy investor in Bono, AR!

Rent Prices In Bono, AR

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Bono, AR, is on a rollercoaster ride. The average rent price in Bono, AR, is $1,016.00. Indeed, when looking to rent in Bono, AR, you can expect to pay as little as $560.00 or as much as $2,180.00, with the average rent median estimated to be $970.00. The good news is that finding an affordable and desirable property to rent in Bono, 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.

Bono, AR 72416 Foreclosures


Market Trend for Bono, AR

Total Listings Available: 20

Market Values:

Home Prices from $8,190 to $2,384,602

Average Sales Price: $200,406

Rental Values:

Rental from $560 to $2,180

Average Rent Value: $1,016 / month

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