Drasco, AR Foreclosures
How much do homes sell for in Drasco, AR?
The average home price is currently $283,324.
In Drasco, AR, how many homes are available?
There are currently 2 active home listings available in Drasco.
What’s the average rental cost in Drasco, AR?
The average rental price in Drasco is $1,130.
What is the most expensive home in Drasco?
The most expensive home sold in Drasco had a price of $2,855,264.
What is currently the cheapest priced home in Drasco, AR?
The cheapest home for sale in Drasco is priced at $14,411.
Living in Drasco, AR
Drasco, Arkansas, offers a peaceful lifestyle characterized by its natural beauty. Nestled near the Little Red River, it presents endless recreational opportunities. The community is ideal for families, with good schools and a strong neighborhood vibe.
Current Market Conditions in Drasco, AR
Currently, Drasco's real estate market is considered stable, with moderate demand for homes, particularly among those seeking a quieter lifestyle away from larger urban centers. The average home prices have seen a slow and steady increase over the past year due to heightened interest in rural living.
There has been noticeable interest from remote workers looking for affordable housing in picturesque settings, contributing to the increase in market activity. However, inventory remains limited, creating opportunities for sellers.
Home Value Estimator For Drasco, AR
There are currently 880 real estate properties
in Drasco, AR,
with a median automated valuation model (AVM) price
of $193,621.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Drasco, 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 Drasco, AR,
is $283,324.00, with the most expensive house
in Drasco, AR, topping out
at $2,855,264.00 and the cheapest home
in Drasco, AR,
clocking in at $14,411.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Drasco, AR!
Rent Prices
In Drasco, AR
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Drasco, AR, is on
a rollercoaster ride. The
average rent price in Drasco, AR,
is $1,130.00. Indeed, when looking to rent in
Drasco, AR, you can expect to pay as little
as $420.00 or as much
as $2,360.00,
with the average rent median estimated to
be $1,010.00. The good news is that finding
an affordable and desirable property to rent in Drasco, 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.
Learn more on Foreclosure homes
