Hamburg, AR Foreclosures
How much do homes sell for in Hamburg, AR?
The average home price is currently $116,315.
In Hamburg, AR, how many homes are available?
There are currently 22 active home listings available in Hamburg.
What’s the average rental cost in Hamburg, AR?
The average rental price in Hamburg is $834.
What is the most expensive home in Hamburg?
The most expensive home sold in Hamburg had a price of $1,154,200.
What is currently the cheapest priced home in Hamburg, AR?
The cheapest home for sale in Hamburg is priced at $2,849.
Living in Hamburg, AR
Hamburg, Arkansas is a charming small town known for its friendly community and affordable living. With a history dating back to the 1800s, it features quaint shops, local festivals, and beautiful outdoor spaces for recreation. The area is perfect for families seeking a peaceful lifestyle with access to nature.
Current Market Conditions in Hamburg, AR
The real estate market in Hamburg is currently experiencing a steady uptick in demand, driven by the affordability of homes compared to larger urban centers. Many buyers, including first-time homeowners, are drawn to the region for its low property taxes and appealing quality of life. The market is characterized by a variety of home styles, from historic homes to newer constructions, giving potential buyers a wide range of choices.
Currently, the market shows that homes are selling relatively quickly, often receiving multiple offers, particularly those that are attractively priced or recently renovated. This trend has resulted in some upward pressure on home prices, but they remain competitive when compared to neighboring towns and cities.
Home Value Estimator For Hamburg, AR
There are currently 2,239 real estate properties
in Hamburg, AR,
with a median automated valuation model (AVM) price
of $91,817.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Hamburg, 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 Hamburg, AR,
is $116,315.00, with the most expensive house
in Hamburg, AR, topping out
at $1,154,200.00 and the cheapest home
in Hamburg, AR,
clocking in at $2,849.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Hamburg, AR!
Rent Prices
In Hamburg, AR
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Hamburg, AR, is on
a rollercoaster ride. The
average rent price in Hamburg, AR,
is $834.00. Indeed, when looking to rent in
Hamburg, AR, you can expect to pay as little
as $520.00 or as much
as $1,900.00,
with the average rent median estimated to
be $760.00. The good news is that finding
an affordable and desirable property to rent in Hamburg, 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.
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