Lexa, AR Foreclosures
How much do homes sell for in Lexa, AR?
The average home price is currently $116,333.
In Lexa, AR, how many homes are available?
There are currently 11 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 $1,702,776.
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, tight-knit community known for its friendly atmosphere and rich Southern culture. Nestled in the heart of the Mississippi Delta, it offers a slower pace of life and a close connection to nature. With affordable housing options and a serene environment, Lexa is ideal for those seeking a peaceful retreat from bustling urban life.
Current Market Conditions in Lexa, AR
The real estate market in Lexa, AR, remains relatively stable, with a mix of affordable homes and some rising property values in recent years. Given its strategic location, many are looking at Lexa as a potential investment opportunity, particularly for those interested in rural living while still being connected to larger cities. As the housing market trends towards affordability in smaller towns, Lexa is expected to see more interest from first-time homebuyers and retirees.
Home Value Estimator For Lexa, AR
There are currently 830 real estate properties
in Lexa, AR,
with a median automated valuation model (AVM) price
of $88,611.00. 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 $116,333.00, with the most expensive house
in Lexa, AR, topping out
at $1,702,776.00 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.
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