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Rent To Own Homes in Gilmore, AR 72339

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Gilmore, AR Foreclosures

How much do homes sell for in Gilmore, AR?
The average home price is currently $69,000.
What’s the average rental cost in Gilmore, AR?
The average rental price in Gilmore is $865.
What is the most expensive home in Gilmore?
The most expensive home sold in Gilmore had a price of $249,870.
What is currently the cheapest priced home in Gilmore, AR?
The cheapest home for sale in Gilmore is priced at $8,060.

Living in Gilmore, AR

Gilmore is a quaint unincorporated community located in the eastern part of Arkansas. It offers a rural lifestyle with a close-knit feel, making it an ideal place for families and retirees. Residents enjoy the serene landscapes and local charm, while being within a reasonable distance to larger cities for added amenities.

Current Market Conditions in Gilmore, AR

The real estate market in Gilmore is stable, with moderate growth observed over recent months. The area is attracting interest from both investors and new residents seeking an affordable rural lifestyle. Houses here are generally priced below the state average, offering good value for first-time buyers.

Rental properties are also on the rise due to increasing demand for available housing as more people explore options outside of city environments, particularly amid recent economic shifts.

Home Value Estimator For Gilmore, AR

There are currently 67 real estate properties in Gilmore, AR, with a median automated valuation model (AVM) price of $61,741.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Gilmore, 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 Gilmore, AR, is $69,000.00, with the most expensive house in Gilmore, AR, topping out at $249,870.00 and the cheapest home in Gilmore, AR, clocking in at $8,060.00. In other words, there’s something for every potential homebuyer or savvy investor in Gilmore, AR!

Rent Prices In Gilmore, AR

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Gilmore, AR, is on a rollercoaster ride. The average rent price in Gilmore, AR, is $865.00. Indeed, when looking to rent in Gilmore, AR, you can expect to pay as little as $530.00 or as much as $1,430.00, with the average rent median estimated to be $870.00. The good news is that finding an affordable and desirable property to rent in Gilmore, 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.

Gilmore, AR 72339 Rent To Own Homes

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