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Rent To Own Homes in Farmington, AR 72703

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Farmington, AR Foreclosures

How much do homes sell for in Farmington, AR?
The average home price is currently $344,842.
In Farmington, AR, how many homes are available?
There are currently 27 active home listings available in Farmington.
What’s the average rental cost in Farmington, AR?
The average rental price in Farmington is $1,190.
What is the most expensive home in Farmington?
The most expensive home sold in Farmington had a price of $4,573,000.
What is currently the cheapest priced home in Farmington, AR?
The cheapest home for sale in Farmington is priced at $21,985.

Living in Farmington, AR

Farmington, AR offers a unique blend of rural charm and suburban convenience, complete with scenic views of the Ozark mountains. The friendly community is complemented by excellent schools and numerous recreational opportunities, making it an attractive place for families. Local amenities and a growing economy further enhance its appeal.

Current Market Conditions in Farmington, AR

Farmington's real estate market is currently characterized by a steady increase in home prices, reflecting a growing demand as more buyers are drawn to the area for its quality of life and accessibility to larger cities. The competitive market favors sellers, but a variety of options still exist for buyers looking for homes in different price ranges.

This trend marks a significant uptick in the area’s desirability, with new developments and infrastructure improvements boosting the local economy and lifestyle amenities. Experts predict continued growth in home values as more residents recognize the unique charm of Farmington.

Home Value Estimator For Farmington, AR

There are currently 2,693 real estate properties in Farmington, AR, with a median automated valuation model (AVM) price of $304,455.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Farmington, 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 Farmington, AR, is $344,842.00, with the most expensive house in Farmington, AR, topping out at $4,573,000.00 and the cheapest home in Farmington, AR, clocking in at $21,985.00. In other words, there’s something for every potential homebuyer or savvy investor in Farmington, AR!

Rent Prices In Farmington, AR

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Farmington, AR, is on a rollercoaster ride. The average rent price in Farmington, AR, is $1,190.00. Indeed, when looking to rent in Farmington, AR, you can expect to pay as little as $520.00 or as much as $2,890.00, with the average rent median estimated to be $1,170.00. The good news is that finding an affordable and desirable property to rent in Farmington, 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.

Farmington, AR 72703 Rent To Own Homes


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