Living in Concord, AR
Concord, Arkansas, is a quiet town nestled in Cleburne County known for its friendly community and natural beauty. The area provides a relaxed lifestyle with access to outdoor activities, making it ideal for those seeking peace away from the hustle of city life. Residents enjoy a close-knit atmosphere in a serene rural setting.
Current Market Conditions in Concord, AR
The real estate market in Concord, AR, has remained stable over the past few years, with prices reflecting the small-town charm and low cost of living. Homes in the area typically attract buyers looking for affordable options in a peaceful community.
As more families seek a quieter lifestyle, particularly in the aftermath of the pandemic, interest in rural properties in Concord has seen a gradual increase, leading to moderate competition among buyers.
Home Value Estimator For Concord, AR
There are currently 415 real estate properties
in Concord, AR,
with a median automated valuation model (AVM) price
of $132,700.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Concord, 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 Concord, AR,
is $176,546.00, with the most expensive house
in Concord, AR, topping out
at $1,895,663.00 and the cheapest home
in Concord, AR,
clocking in at $10,414.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Concord, AR!
Rent Prices
In Concord, AR
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Concord, AR, is on
a rollercoaster ride. The
average rent price in Concord, AR,
is $916.00. Indeed, when looking to rent in
Concord, AR, you can expect to pay as little
as $420.00 or as much
as $1,920.00,
with the average rent median estimated to
be $880.00. The good news is that finding
an affordable and desirable property to rent in Concord, 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.