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Cheap Homes in Bono, AR

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Bono, AR Foreclosures

How much do homes sell for in Bono, AR?
The average home price is currently $198,820.
In Bono, AR, how many homes are available?
There are currently 2 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 and welcoming small town known for its community-oriented atmosphere and peaceful living. It combines the charm of small-town life with access to essential amenities and outdoor activities. Families will find a supportive educational environment within the Valley View School District, making it an appealing place to settle down.

Current Market Conditions in Bono, AR

The real estate market in Bono has shown consistent growth over the past year, with an increase in both home sales and property values. The demand for houses has surged as more people seek the tranquility of small-town living, leading to a competitive market where homes are selling faster than in previous years.

Recent trends indicate a growing interest in Bono, driven by its affordability compared to larger urban areas, making it an attractive spot for first-time buyers and investors.

Home Value Estimator For Bono, AR

There are currently 2,009 real estate properties in Bono, AR, with a median automated valuation model (AVM) price of $167,577.00. 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 $198,820.00, 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.

Cheap Homes in Bono, AR


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