Central City, AR Foreclosures
How much do homes sell for in Central City, AR?
The average home price is currently $217,912.
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 $782,957.
What is currently the cheapest priced home in Central City, AR?
The cheapest home for sale in Central City is priced at $10,245.
Living in Central City, AR
Central City, a quaint community located in Arkansas, offers a relaxed and welcoming atmosphere for residents. With a close-knit community vibe, it features local parks, schools, and shopping options that cater to everyday needs. The area boasts a blend of small-town charm and convenient access to larger cities, making it an appealing choice for both families and professionals.
Current Market Conditions in Central City, AR
The real estate market in Central City has shown resilience, with stable property values and a steady demand for homes. As more people seek affordable housing options in rural areas, Central City is becoming increasingly attractive. The town's charm and community feel appeal particularly to first-time home buyers and retirees looking for a peaceful living environment.
Current trends indicate a balanced market, with a mix of buyers and sellers. Homes are selling at a steady pace, and there is a noticeable rise in interest for properties with larger lots and more outdoor space, reflecting the post-pandemic shift towards remote work and desire for home gardens.
Home Value Estimator For Central City, AR
There are currently 214 real estate properties
in Central City, AR,
with a median automated valuation model (AVM) price
of $204,594.00. 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 $217,912.00, with the most expensive house
in Central City, AR, topping out
at $782,957.00 and the cheapest home
in Central City, AR,
clocking in at $10,245.00. 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.
Learn more on Foreclosure homes
