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Foreclosure Homes in Cove, AR 71937

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Cove, AR Foreclosures

How much do homes sell for in Cove, AR?
The average home price is currently $157,173.
In Cove, AR, how many homes are available?
There are currently 4 active home listings available in Cove.
What’s the average rental cost in Cove, AR?
The average rental price in Cove is $871.
What is the most expensive home in Cove?
The most expensive home sold in Cove had a price of $2,640,763.
What is currently the cheapest priced home in Cove, AR?
The cheapest home for sale in Cove is priced at $13,020.

Living in Cove, AR

Cove, AR is a quaint rural community known for its scenic landscapes and friendly atmosphere. Surrounded by the Ouachita National Forest, it's an outdoor paradise with plenty of hiking and fishing opportunities. Despite its small-town vibe, Cove provides essential amenities, local businesses, and access to quality education, making it an inviting place to live.

Current Market Conditions in Cove, AR

The real estate market in Cove is characterized by affordable housing and a slow but steady appreciation in property values. The area attracts buyers looking for peaceful living with ample outdoor recreational opportunities. As more people seek homes in tranquil environments, Cove's market is poised for gradual growth, making it an appealing choice for investment.

Current trends in Cove indicate a stable market with a mix of older homes and newer constructions. With the rising interest in rural living post-pandemic, the area has started to see a slight increase in demand, particularly from those looking for vacation homes or primary residences in quieter settings.

Home Value Estimator For Cove, AR

There are currently 555 real estate properties in Cove, AR, with a median automated valuation model (AVM) price of $120,964.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Cove, 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 Cove, AR, is $157,173.00, with the most expensive house in Cove, AR, topping out at $2,640,763.00 and the cheapest home in Cove, AR, clocking in at $13,020.00. In other words, there’s something for every potential homebuyer or savvy investor in Cove, AR!

Rent Prices In Cove, AR

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Cove, AR, is on a rollercoaster ride. The average rent price in Cove, AR, is $871.00. Indeed, when looking to rent in Cove, AR, you can expect to pay as little as $450.00 or as much as $1,740.00, with the average rent median estimated to be $830.00. The good news is that finding an affordable and desirable property to rent in Cove, 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.

Cove, AR 71937 Foreclosures


Market Trend for Cove, AR

Total Listings Available: 4

Market Values:

Home Prices from $13,020 to $2,640,763

Average Sales Price: $157,173

Rental Values:

Rental from $450 to $1,740

Average Rent Value: $871 / month

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