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Foreclosure Homes in Grannis, AR

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Grannis, AR Foreclosures

How much do homes sell for in Grannis, AR?
The average home price is currently $128,564.
In Grannis, AR, how many homes are available?
There are currently 21 active home listings available in Grannis.
What’s the average rental cost in Grannis, AR?
The average rental price in Grannis is $826.
What is the most expensive home in Grannis?
The most expensive home sold in Grannis had a price of $653,330.
What is currently the cheapest priced home in Grannis, AR?
The cheapest home for sale in Grannis is priced at $11,790.

Living in Grannis, AR

Grannis is a small, charming town located in the heart of Arkansas, known for its friendly community and peaceful atmosphere. With a close-knit population, residents enjoy a rural lifestyle surrounded by nature. This area offers various opportunities for outdoor activities, including hiking and fishing, making it an ideal location for nature enthusiasts.

Current Market Conditions in Grannis, AR

The real estate market in Grannis is currently stable, with a slight increase in demand for homes in the area. With its quaint charm and affordability, more families are discovering the benefits of living in Grannis. Properties tend to sell quickly due to limited inventory, and the community's appeal continues to attract both new buyers and investors looking for affordable living options.

In the past few months, there has been a noticeable shift in property interest, with buyers seeking larger spaces both for comfort and potential home offices amidst the rise of remote work opportunities. Prices have seen a moderate uptick as more individuals relocate to rural areas from urban environments.

Home Value Estimator For Grannis, AR

There are currently 252 real estate properties in Grannis, AR, with a median automated valuation model (AVM) price of $93,159.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Grannis, 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 Grannis, AR, is $128,564.00, with the most expensive house in Grannis, AR, topping out at $653,330.00 and the cheapest home in Grannis, AR, clocking in at $11,790.00. In other words, there’s something for every potential homebuyer or savvy investor in Grannis, AR!

Rent Prices In Grannis, AR

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Grannis, AR, is on a rollercoaster ride. The average rent price in Grannis, AR, is $826.00. Indeed, when looking to rent in Grannis, AR, you can expect to pay as little as $520.00 or as much as $1,550.00, with the average rent median estimated to be $790.00. The good news is that finding an affordable and desirable property to rent in Grannis, 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.

Grannis, AR Foreclosures


Market Trend for Grannis, AR

Total Listings Available: 21

Market Values:

Home Prices from $11,790 to $653,330

Average Sales Price: $128,564

Rental Values:

Rental from $520 to $1,550

Average Rent Value: $826 / month

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