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Preforeclosure Homes in Dermott, AR 71653

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Dermott, AR Foreclosures

How much do homes sell for in Dermott, AR?
The average home price is currently $83,343.
In Dermott, AR, how many homes are available?
There are currently 1 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, AR, is a peaceful town offering a friendly community atmosphere surrounded by scenic countryside. It hosts a variety of local amenities, parks, and schools ideal for families. Residents appreciate outdoor activities such as fishing and boating nearby, along with the ease of access to larger cities.

Current Market Conditions in Dermott, AR

The current real estate market in Dermott is stable, with a slight increase in home values over the last year. Due to its affordability and community vibes, Dermott has become an attractive option for first-time homebuyers looking for a serene lifestyle.

There is a growing demand for family homes, particularly those with larger plots of land, as more people are looking to relocate from crowded urban areas seeking space and tranquility. Investment opportunities in affordable, single-family homes coupled with the area's rich local culture make Dermott a potential hotspot for new residents.

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 $62,882.00. 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 $83,343.00, 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 71653 Preforeclosure Homes

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