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Foreclosure Homes in Dermott, AR

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Dermott, AR Foreclosures

How much do homes sell for in Dermott, AR?
The average home price is currently $82,195.
In Dermott, AR, how many homes are available?
There are currently 3 active home listings available in Dermott.
What’s the average rental cost in Dermott, AR?
The average rental price in Dermott is $788.
What is the most expensive home in Dermott?
The most expensive home sold in Dermott had a price of $1,188,635.
What is currently the cheapest priced home in Dermott, AR?
The cheapest home for sale in Dermott is priced at $2,117.

Living in Dermott, AR

Dermott, Arkansas, is a quaint Southern town that offers its residents a warm, community-oriented lifestyle. With a mix of leisure activities, access to nature, and a focus on education, Dermott is a great place for families and individuals alike. Its historical charm and southern hospitality make it an attractive location in the heart of the Delta region.

Current Market Conditions in Dermott, AR

Dermott's real estate market is characterized by modest growth in housing prices over the past year. As a small town, Dermott offers affordable housing options to those looking for single-family homes and rental properties. The market is stable, with a consistent demand for homes due to the town's calm setting and community appeal.

The current market trend indicates a gradual increase in interest from new residents, particularly individuals and families seeking a more laid-back lifestyle away from urban centers. This interest is contributing to rising home values and an influx of buyers looking to settle in this welcoming community.

Home Value Estimator For Dermott, AR

There are currently 1,079 real estate properties in Dermott, AR, with a median automated valuation model (AVM) price of $61,832.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Dermott, 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 Dermott, AR, is $82,195.00, with the most expensive house in Dermott, AR, topping out at $1,188,635.00 and the cheapest home in Dermott, AR, clocking in at $2,117.00. In other words, there’s something for every potential homebuyer or savvy investor in Dermott, AR!

Rent Prices In Dermott, AR

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Dermott, AR, is on a rollercoaster ride. The average rent price in Dermott, AR, is $788.00. Indeed, when looking to rent in Dermott, AR, you can expect to pay as little as $520.00 or as much as $1,880.00, with the average rent median estimated to be $730.00. The good news is that finding an affordable and desirable property to rent in Dermott, 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.

Dermott, AR Foreclosures


Market Trend for Dermott, AR

Total Listings Available: 3

Market Values:

Home Prices from $2,117 to $1,188,635

Average Sales Price: $82,195

Rental Values:

Rental from $520 to $1,880

Average Rent Value: $788 / month

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