Gateway, AR Foreclosures
How much do homes sell for in Gateway, AR?
The average home price is currently $195,139.
What’s the average rental cost in Gateway, AR?
The average rental price in Gateway is $841.
What is the most expensive home in Gateway?
The most expensive home sold in Gateway had a price of $696,161.
What is currently the cheapest priced home in Gateway, AR?
The cheapest home for sale in Gateway is priced at $28,024.
Living in Gateway, AR
Gateway, Arkansas is a small town known for its close-knit community and scenic surroundings. Situated near the Ozark Mountains, it offers numerous outdoor activities such as hiking, fishing, and boating. With a blend of rural charm and modern conveniences, residents can enjoy a peaceful lifestyle while still having access to necessary amenities.
Current Market Conditions in Gateway, AR
The current real estate market in Gateway is characterized by steady demand and limited inventory. The home prices have been gradually increasing, driven by the area's appeal to new residents seeking a serene lifestyle amidst nature. As more people discover Gateway, particularly those from urban areas looking for a retreat, the market is becoming increasingly competitive, with several homes receiving multiple offers shortly after being listed.
In the past few months, the market has shown resilience, with sales activity picking up as spring approaches. Buyers are particularly interested in properties that offer access to outdoor amenities, contributing to the appeal of living in Gateway. The town's charming attributes and affordable pricing compared to nearby urban centers make it an attractive option for many. Looking ahead, it is anticipated that this trend will continue, emphasizing the need for prospective buyers to act quickly when opportunities arise.
Home Value Estimator For Gateway, AR
There are currently 45 real estate properties
in Gateway, AR,
with a median automated valuation model (AVM) price
of $132,000.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Gateway, 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 Gateway, AR,
is $195,139.00, with the most expensive house
in Gateway, AR, topping out
at $696,161.00 and the cheapest home
in Gateway, AR,
clocking in at $28,024.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Gateway, AR!
Rent Prices
In Gateway, AR
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Gateway, AR, is on
a rollercoaster ride. The
average rent price in Gateway, AR,
is $841.00. Indeed, when looking to rent in
Gateway, AR, you can expect to pay as little
as $500.00 or as much
as $1,310.00,
with the average rent median estimated to
be $860.00. The good news is that finding
an affordable and desirable property to rent in Gateway, 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
