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Foreclosure Homes in Central City, AR 71901

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Central City, AR Foreclosures

How much do homes sell for in Central City, AR?
The average home price is currently $229,252.
What’s the average rental cost in Central City, AR?
The average rental price in Central City is $1,016.
What is the most expensive home in Central City?
The most expensive home sold in Central City had a price of $1,271,446.
What is currently the cheapest priced home in Central City, AR?
The cheapest home for sale in Central City is priced at $10,257.

Living in Central City, AR

Central City, AR, offers a peaceful and welcoming community situated near Fort Smith. The town is characterized by its friendly residents, local parks, and schools that cater to families. With a balance of small-town charm and access to nearby urban conveniences, Central City is an attractive place to live.

Current Market Conditions in Central City, AR

The Central City real estate market is currently experiencing a steady demand due to its proximity to Fort Smith, making it an attractive option for home buyers seeking affordable prices in a friendly community. Inventory is limited, which has led to increased competition for homes in the area.

New construction in Central City is on the rise, as more people are looking to build their dream homes in this desirable location. The market has seen a gradual appreciation in home values, indicating a stable trend in real estate investment.

Home Value Estimator For Central City, AR

There are currently 224 real estate properties in Central City, AR, with a median automated valuation model (AVM) price of $207,353.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Central City, 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 Central City, AR, is $229,252.00, with the most expensive house in Central City, AR, topping out at $1,271,446.00 and the cheapest home in Central City, AR, clocking in at $10,257.00. In other words, there’s something for every potential homebuyer or savvy investor in Central City, AR!

Rent Prices In Central City, AR

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Central City, AR, is on a rollercoaster ride. The average rent price in Central City, AR, is $1,016.00. Indeed, when looking to rent in Central City, AR, you can expect to pay as little as $680.00 or as much as $1,510.00, with the average rent median estimated to be $1,020.00. The good news is that finding an affordable and desirable property to rent in Central City, 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.

Central City, AR 71901 Foreclosures

Market Trend for Central City, AR

Total Listings Available: 0

Market Values:

Home Prices from $10,257 to $1,271,446

Average Sales Price: $229,252

Rental Values:

Rental from $680 to $1,510

Average Rent Value: $1,016 / month

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