Gillham, AR Foreclosures
Current Market Conditions in in Gillham, AR As of February 2026?
Over the past month, Gillham has experienced a slight uptick in home sales, signaling a growing interest from buyers. Several properties have received multiple offers, indicating increased competition. Home prices have held steady, but the demand is projected to drive prices higher in coming months as the market continues to attract new residents.
How much do homes sell for in Gillham, AR?
The average home price is currently $174,288.
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 $3,174,000.
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 is a quaint, small town located in the southwestern part of the state. Known for its peaceful atmosphere, it offers a blend of rural charm and close-knit community spirit. Residents enjoy a slower pace of life and the natural beauty surrounding the area, making it perfect for those seeking tranquility.
Buyer vs Seller Market in Gillham, AR
The real estate market in Gillham, AR has seen a steady increase in interest from potential buyers in recent years. With the charm of small-town living and the allure of natural landscapes, more families and retirees are considering relocation to this area. As a result, home prices have gradually increased, though they still remain relatively affordable compared to larger urban areas.
There are indications that the market could become competitive in the future, particularly as remote work trends encourage more individuals to seek homes in peaceful environments. The demand for single-family homes in the area is on the rise, with many buyers looking for properties that offer outdoor space and proximity to nature.
Home Value Estimator For Gillham, AR
There are currently 351 real estate properties
in Gillham, AR,
with a median automated valuation model (AVM) price
of $106,353.00. 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 $174,288.00, with the most expensive house
in Gillham, AR, topping out
at $3,174,000.00 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.