Hermitage, AR Foreclosures
How much do homes sell for in Hermitage, AR?
The average home price is currently $106,090.
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 $743,871.
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 rural town known for its tight-knit community and rich southern charm. Nestled in Bradley County, it offers residents a peaceful lifestyle with an abundance of outdoor activities. The local culture is enhanced by friendly neighbors, vibrant community events, and a beautiful natural environment.
Current Market Conditions in Hermitage, AR
The real estate market in Hermitage, AR, has shown steady growth over the past year, driven by an increase in demand for affordable housing options. Homebuyers are drawn to the area for its serene environment and friendly atmosphere, contributing to a competitive market with rising prices.
Properties in Hermitage are typically well-priced compared to nearby urban areas, making it an attractive spot for first-time buyers and retirees seeking a quieter place to live.
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 $77,862.00. 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 $106,090.00, with the most expensive house
in Hermitage, AR, topping out
at $743,871.00 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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