Jerusalem, AR Foreclosures
How much do homes sell for in Jerusalem, AR?
The average home price is currently $189,854.
In Jerusalem, AR, how many homes are available?
There are currently 1 active home listings available in Jerusalem.
What’s the average rental cost in Jerusalem, AR?
The average rental price in Jerusalem is $941.
What is the most expensive home in Jerusalem?
The most expensive home sold in Jerusalem had a price of $3,777,416.
What is currently the cheapest priced home in Jerusalem, AR?
The cheapest home for sale in Jerusalem is priced at $24,116.
Living in Jerusalem, AR
Jerusalem, Arkansas is a small community nestled in the scenic Ozark Mountains. With its charming countryside and friendly residents, it's an ideal place for those seeking a peaceful lifestyle. The area is known for its agricultural heritage and recreational opportunities including hiking and fishing.
Current Market Conditions in Jerusalem, AR
Currently, the real estate market in Jerusalem, AR, is stable with a mix of affordable home prices and slow appreciation. The demand for homes within the area has seen a slight increase as more individuals seek out rural environments. The market is characterized by a good selection of older homes and new builds, catering to various buyer preferences and budgets.
Investors are beginning to notice Jerusalem as an up-and-coming area, thanks to its location and natural attractions. While the home prices are relatively low compared to larger cities, they have been on an upward trend, indicating a potentially lucrative investment opportunity for prospective buyers.
Home Value Estimator For Jerusalem, AR
There are currently 296 real estate properties
in Jerusalem, AR,
with a median automated valuation model (AVM) price
of $137,922.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Jerusalem, 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 Jerusalem, AR,
is $189,854.00, with the most expensive house
in Jerusalem, AR, topping out
at $3,777,416.00 and the cheapest home
in Jerusalem, AR,
clocking in at $24,116.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Jerusalem, AR!
Rent Prices
In Jerusalem, AR
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Jerusalem, AR, is on
a rollercoaster ride. The
average rent price in Jerusalem, AR,
is $941.00. Indeed, when looking to rent in
Jerusalem, AR, you can expect to pay as little
as $430.00 or as much
as $1,750.00,
with the average rent median estimated to
be $930.00. The good news is that finding
an affordable and desirable property to rent in Jerusalem, 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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