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Foreclosure Homes in Gillham, AR

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Gillham, AR Foreclosures

How much do homes sell for in Gillham, AR?
The average home price is currently $169,891.
In Gillham, AR, how many homes are available?
There are currently 1 active home listings available in Gillham.
What’s the average rental cost in Gillham, AR?
The average rental price in Gillham is $860.
What is the most expensive home in Gillham?
The most expensive home sold in Gillham had a price of $3,149,800.
What is currently the cheapest priced home in Gillham, AR?
The cheapest home for sale in Gillham is priced at $21,350.

Living in Gillham, AR

Gillham, Arkansas, offers a serene, small-town lifestyle amid the stunning Ouachita Mountains. This peaceful community provides outdoor recreational activities and a welcoming atmosphere perfect for families. With close access to schools and parks, Gillham is an ideal location for those seeking tranquility and nature.

Current Market Conditions in Gillham, AR

The real estate market in Gillham is currently leaning towards a buyer's market, as inventory levels have increased over the past few months. Homes are staying on the market longer, which gives potential buyers more opportunities to negotiate favorable prices. However, the area remains attractive for both new residents and investors due to its peaceful environment and natural beauty.

Overall, Gillham has seen steady interest in its properties, primarily among those looking for vacation homes or retirement options. As more individuals look to escape urban living, the demand for homes in Gillham is expected to remain stable, reflecting the area's charm and lifestyle.

Home Value Estimator For Gillham, AR

There are currently 255 real estate properties in Gillham, AR, with a median automated valuation model (AVM) price of $106,644.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Gillham, 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 Gillham, AR, is $169,891.00, with the most expensive house in Gillham, AR, topping out at $3,149,800.00 and the cheapest home in Gillham, AR, clocking in at $21,350.00. In other words, there’s something for every potential homebuyer or savvy investor in Gillham, AR!

Rent Prices In Gillham, AR

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Gillham, AR, is on a rollercoaster ride. The average rent price in Gillham, AR, is $860.00. Indeed, when looking to rent in Gillham, AR, you can expect to pay as little as $520.00 or as much as $1,680.00, with the average rent median estimated to be $840.00. The good news is that finding an affordable and desirable property to rent in Gillham, 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.

Gillham, AR Foreclosures


Market Trend for Gillham, AR

Total Listings Available: 1

Market Values:

Home Prices from $21,350 to $3,149,800

Average Sales Price: $169,891

Rental Values:

Rental from $520 to $1,680

Average Rent Value: $860 / month

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