Grannis, AR Foreclosures
Current Market Conditions in in Grannis, AR As of February 2026?
Over the past month, real estate activity in Grannis has remained consistent, with a similar number of transactions as the preceding month. Though the number of listings has slowed slightly, which could suggest a tightening market. Interested buyers need to act promptly as homes are moving quicker than before, signaling a stable demand for properties in this charming community.
How much do homes sell for in Grannis, AR?
The average home price is currently $129,432.
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 $645,132.
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 quaint town located in the southwestern part of Arkansas. Known for its friendly community and rural charm, Grannis offers a peaceful lifestyle with easy access to outdoor recreation. Residents enjoy a serene environment with beautiful landscapes and a strong sense of local pride.
Buyer vs Seller Market in Grannis, AR
Grannis, AR has a relatively stable real estate market, with prices reflecting the affordability typical of rural areas. Recently, there has been a slight uptick in interest among buyers seeking second homes or retreats due to the area's natural beauty. The market remains competitive, but homes are attainable for those with moderate budgets.
Current trends indicate a growing interest in more rural living. Families and retirees are looking for homes with larger lots and proximity to nature, contributing to modest appreciation in home values.
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 $94,681.00. 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 $129,432.00, with the most expensive house
in Grannis, AR, topping out
at $645,132.00 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.