Lexa, AR Foreclosures
How much do homes sell for in Lexa, AR?
The average home price is currently $114,492.
In Lexa, AR, how many homes are available?
There are currently 5 active home listings available in Lexa.
What’s the average rental cost in Lexa, AR?
The average rental price in Lexa is $852.
What is the most expensive home in Lexa?
The most expensive home sold in Lexa had a price of $686,524.
What is currently the cheapest priced home in Lexa, AR?
The cheapest home for sale in Lexa is priced at $1,097.
Living in Lexa, AR
Lexa, Arkansas is a small, quaint town that offers a close community feel and access to beautiful natural landscapes. With its friendly residents and variety of outdoor activities, it's a perfect place for those looking for a peaceful lifestyle. Proximity to larger cities provides the best of both worlds.
Current Market Conditions in Lexa, AR
The real estate market in Lexa, AR shows signs of steady growth, with a diverse range of homes available for buyers. The demand for affordable homes is increasing, particularly among first-time buyers and those looking for a serene environment away from city life.
Recent trends indicate that homes in the area are selling faster than they have in previous years, with average sale prices rising slightly, indicating a healthy interest in the local market.
Home Value Estimator For Lexa, AR
There are currently 679 real estate properties
in Lexa, AR,
with a median automated valuation model (AVM) price
of $87,387.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Lexa, 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 Lexa, AR,
is $114,492.00, with the most expensive house
in Lexa, AR, topping out
at $686,524.00 and the cheapest home
in Lexa, AR,
clocking in at $1,097.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Lexa, AR!
Rent Prices
In Lexa, AR
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Lexa, AR, is on
a rollercoaster ride. The
average rent price in Lexa, AR,
is $852.00. Indeed, when looking to rent in
Lexa, AR, you can expect to pay as little
as $520.00 or as much
as $2,110.00,
with the average rent median estimated to
be $800.00. The good news is that finding
an affordable and desirable property to rent in Lexa, 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
