Living in Colt, AR
Colt, Arkansas, is a quaint small town known for its welcoming community and picturesque landscapes. With a focus on outdoor activities and a relaxed lifestyle, Colt provides the perfect backdrop for those seeking a peaceful living environment. Families and individuals alike can enjoy the charm of this rural town while being close to larger urban centers.
Current Market Conditions in Colt, AR
The real estate market in Colt, AR, demonstrates a stable growth trend. Homes in the area remain affordable, attracting first-time buyers and investors looking for rental properties. With a respectable appreciation rate, the market continues to signal a healthy demand for housing.
Despite its small size, Colt is seeing an uptick in interest due to its inviting community and potential for future development, making it an attractive option for real estate investors.
Home Value Estimator For Colt, AR
There are currently 854 real estate properties
in Colt, AR,
with a median automated valuation model (AVM) price
of $95,285.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Colt, 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 Colt, AR,
is $122,712.00, with the most expensive house
in Colt, AR, topping out
at $902,751.00 and the cheapest home
in Colt, AR,
clocking in at $7,575.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Colt, AR!
Rent Prices
In Colt, AR
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Colt, AR, is on
a rollercoaster ride. The
average rent price in Colt, AR,
is $862.00. Indeed, when looking to rent in
Colt, AR, you can expect to pay as little
as $450.00 or as much
as $2,020.00,
with the average rent median estimated to
be $820.00. The good news is that finding
an affordable and desirable property to rent in Colt, 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.
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