Hermitage, AR Foreclosures
How much do homes sell for in Hermitage, AR?
The average home price is currently $107,788.
In Hermitage, AR, how many homes are available?
There are currently 5 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 $819,313.
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 serene and welcoming small town surrounded by natural beauty and outdoor activities. Known for its close community ties, it offers a peaceful lifestyle with access to both local amenities and nearby urban centers. Ideal for families and retirees, Hermitage combines rural charm with modern conveniences.
Current Market Conditions in Hermitage, AR
The real estate market in Hermitage has shown steady growth over the past year, with a modest increase in home values. As more people seek affordable housing options in rural settings, the demand for homes in this area has picked up, leading to a competitive market for both buyers and sellers.
In the past month, home prices in Hermitage have remained stable, with some slight fluctuations depending on the specific neighborhood. Real estate experts note that the area's low inventory levels might be contributing to rising prices as buyers vie for desirable properties.
Home Value Estimator For Hermitage, AR
There are currently 791 real estate properties
in Hermitage, AR,
with a median automated valuation model (AVM) price
of $81,425.00. 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 $107,788.00, with the most expensive house
in Hermitage, AR, topping out
at $819,313.00 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.
Learn more on Foreclosure homes
