Living in Lakeview, AR
Lakeview, AR is a picturesque town nestled in the Ozark Mountains, known for its outdoor recreational activities and quiet, family-friendly environment. With beautiful landscapes and a close-knit community, Lakeview is ideal for those seeking a tranquil lifestyle. Residents enjoy access to breathtaking nature and a variety of amenities that enhance everyday living.
Current Market Conditions in Lakeview, AR
The real estate market in Lakeview is currently stable with an increase in demand due to its appealing location near outdoor recreation. Home prices are relatively affordable compared to urban areas, attracting both families and retirees looking for a tranquil lifestyle. The demand for vacation homes has also increased, as more people seek property in beautiful natural settings.
In recent months, several homes in Lakeview have been sold above their list price, indicating a competitive market. However, the overall inventory remains adequate, providing options for both first-time buyers and seasoned investors.
Home Value Estimator For Lakeview, AR
There are currently 965 real estate properties
in Lakeview, AR,
with a median automated valuation model (AVM) price
of $223,457.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Lakeview, 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 Lakeview, AR,
is $246,310.00, with the most expensive house
in Lakeview, AR, topping out
at $1,471,867.00 and the cheapest home
in Lakeview, AR,
clocking in at $18,955.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Lakeview, AR!
Rent Prices
In Lakeview, AR
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Lakeview, AR, is on
a rollercoaster ride. The
average rent price in Lakeview, AR,
is $1,070.00. Indeed, when looking to rent in
Lakeview, AR, you can expect to pay as little
as $490.00 or as much
as $2,580.00,
with the average rent median estimated to
be $1,040.00. The good news is that finding
an affordable and desirable property to rent in Lakeview, 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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