Hermitage, AR Foreclosures
How much do homes sell for in Hermitage, AR?
The average home price is currently $108,034.
In Hermitage, AR, how many homes are available?
There are currently 6 active home listings available in Hermitage.
What’s the average rental cost in Hermitage, AR?
The average rental price in Hermitage is $853.
What is the most expensive home in Hermitage?
The most expensive home sold in Hermitage had a price of $813,306.
What is currently the cheapest priced home in Hermitage, AR?
The cheapest home for sale in Hermitage is priced at $10,534.
Living in Hermitage, AR
Hermitage, AR, is a quaint small town rich in southern charm, offering a relaxed lifestyle surrounded by scenic nature. With essential amenities and access to recreational activities, it’s a perfect place for families seeking tranquility and community.
Current Market Conditions in Hermitage, AR
The real estate market in Hermitage has been experiencing steady growth, with many buyers attracted to the affordable housing options compared to larger urban areas. Homes are often priced affordably, with a blend of historic properties and new constructions.
Current market trends indicate a balanced market, with slightly more sellers than buyers, keeping prices stable. The demand for homes in Hermitage remains strong as families and retirees seek out its peaceful, family-friendly environment.
Home Value Estimator For Hermitage, AR
There are currently 661 real estate properties
in Hermitage, AR,
with a median automated valuation model (AVM) price
of $78,989.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Hermitage, 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 Hermitage, AR,
is $108,034.00, with the most expensive house
in Hermitage, AR, topping out
at $813,306.00 and the cheapest home
in Hermitage, AR,
clocking in at $10,534.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Hermitage, AR!
Rent Prices
In Hermitage, AR
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Hermitage, AR, is on
a rollercoaster ride. The
average rent price in Hermitage, AR,
is $853.00. Indeed, when looking to rent in
Hermitage, AR, you can expect to pay as little
as $400.00 or as much
as $1,840.00,
with the average rent median estimated to
be $770.00. The good news is that finding
an affordable and desirable property to rent in Hermitage, 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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