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Preforeclosure Homes in Cabot, AR 72023

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Living in Cabot, AR

Cabot, Arkansas is a thriving community that offers a blend of rural charm and modern amenities. Known for its family-friendly environment, the city provides a range of educational options, recreational parks, and local businesses. With excellent connectivity to Little Rock and surrounding areas, Cabot is an ideal location for both families and working professionals.

Current Market Conditions in Cabot, AR

Cabot's real estate market has seen significant growth over the last few years, driven by an influx of new residents seeking affordable housing in a serene environment. The demand for single-family homes is particularly high, leading to competitive bidding situations.

Recently, the market has exhibited a steady increase in home values, reflecting the area's desirability. Prices have risen due to limited inventory and increased interest in the region from buyers across the state.

Home Value Estimator For Cabot, AR

There are currently 11,847 real estate properties in Cabot, AR, with a median automated valuation model (AVM) price of $217,935.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Cabot, 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 Cabot, AR, is $239,270.00, with the most expensive house in Cabot, AR, topping out at $3,490,500.00 and the cheapest home in Cabot, AR, clocking in at $10,630.00. In other words, there’s something for every potential homebuyer or savvy investor in Cabot, AR!

Rent Prices In Cabot, AR

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Cabot, AR, is on a rollercoaster ride. The average rent price in Cabot, AR, is $1,209.00. Indeed, when looking to rent in Cabot, AR, you can expect to pay as little as $490.00 or as much as $2,820.00, with the average rent median estimated to be $1,140.00. The good news is that finding an affordable and desirable property to rent in Cabot, 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.

Cabot, AR 72023 Preforeclosure Homes


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