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Single-family Foreclosures 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 $145,305.
In Grannis, AR, how many homes are available?
There are currently 6 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 $1,264,553.
What is currently the cheapest priced home in Grannis, AR?
The cheapest home for sale in Grannis is priced at $11,795.

Living in Grannis, AR

Grannis, Arkansas, is a tight-knit community providing a serene rural lifestyle. Residents enjoy outdoor activities amidst beautiful landscapes and a strong sense of community. Basic amenities and nearby educational options make Grannis a quaint place for families and retirees alike.

Current Market Conditions in Grannis, AR

Currently, the real estate market in Grannis is quite stable, with a moderate supply of homes for sale. The demand is steady, particularly among those looking for affordable housing in a rural setting. As a result, home prices have seen a slight increase over the past few months, making it an appealing market for both buyers and investors seeking long-term value.

Newcomers are drawn to Grannis for its affordable housing and tight-knit community atmosphere. The consistency in the market underscores the area's resilience, even with economic fluctuations, drawing interest from families, retirees, and real estate investors alike.

Home Value Estimator For Grannis, AR

There are currently 182 real estate properties in Grannis, AR, with a median automated valuation model (AVM) price of $102,705.00. 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 $145,305.00, with the most expensive house in Grannis, AR, topping out at $1,264,553.00 and the cheapest home in Grannis, AR, clocking in at $11,795.00. 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 Single-family Homes


Market Trend for Grannis, AR

Total Listings Available: 6

Market Values:

Home Prices from $11,795 to $1,264,553

Average Sales Price: $145,305

Rental Values:

Rental from $520 to $1,550

Average Rent Value: $826 / month

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