Living in Chidester, AR
Chidester is a quaint town in southern Arkansas, offering a serene small-town atmosphere. Known for its friendly community and rich history, Chidester provides a peaceful lifestyle amidst the beautiful outdoors. Residents enjoy close-knit relationships and a slower pace of life, ideal for families and retirees alike.
Current Market Conditions in Chidester, AR
The current real estate market in Chidester is stable, with a mix of modestly priced homes that cater to first-time buyers and those looking for affordable housing options. The average price of homes in the area remains competitive, making it an attractive option for families and retirees seeking a quiet lifestyle. Recent trends indicate a gradual increase in home values, reflecting a rising interest from buyers looking for more space and green surroundings away from bustling cities.
Local market analyses show that homes have been selling relatively quickly, indicating strong demand despite the modest inventory. As more people seek refuge from urban areas, Chidester's unique appeal is becoming evident, leading to a subtle uptick in residential developments.
Home Value Estimator For Chidester, AR
There are currently 630 real estate properties
in Chidester, AR,
with a median automated valuation model (AVM) price
of $55,752.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Chidester, 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 Chidester, AR,
is $72,582.00, with the most expensive house
in Chidester, AR, topping out
at $531,296.00 and the cheapest home
in Chidester, AR,
clocking in at $2,578.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Chidester, AR!
Rent Prices
In Chidester, AR
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Chidester, AR, is on
a rollercoaster ride. The
average rent price in Chidester, AR,
is $774.00. Indeed, when looking to rent in
Chidester, AR, you can expect to pay as little
as $520.00 or as much
as $1,350.00,
with the average rent median estimated to
be $730.00. The good news is that finding
an affordable and desirable property to rent in Chidester, 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.