London, AR Foreclosures
How much do homes sell for in London, AR?
The average home price is currently $192,123.
What’s the average rental cost in London, AR?
The average rental price in London is $997.
What is the most expensive home in London?
The most expensive home sold in London had a price of $912,220.
What is currently the cheapest priced home in London, AR?
The cheapest home for sale in London is priced at $10,401.
Living in London, AR
London, Arkansas is a small, charming town nestled in the scenic Ozark Mountains. With a close-knit community atmosphere and beautiful natural surroundings, it offers a peaceful lifestyle while still being within reach of larger cities. Residents enjoy a variety of outdoor activities, including hiking, fishing, and exploring the lush landscapes of the nearby Ozark National Forest.
Current Market Conditions in London, AR
The real estate market in London, AR, has experienced considerable interest lately, with an influx of buyers looking for affordable housing options. Homes in the area are generally priced lower than the national average, attracting both first-time homebuyers and investors.
In recent months, there has been a steady rise in property values, driven by limited inventory and increasing demand. Homes are selling quickly, often above asking price, indicating a competitive market for potential buyers.
Home Value Estimator For London, AR
There are currently 1,086 real estate properties
in London, AR,
with a median automated valuation model (AVM) price
of $163,098.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in London, 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 London, AR,
is $192,123.00, with the most expensive house
in London, AR, topping out
at $912,220.00 and the cheapest home
in London, AR,
clocking in at $10,401.00. In other words, there’s
something for every potential homebuyer
or savvy investor in London, AR!
Rent Prices
In London, AR
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in London, AR, is on
a rollercoaster ride. The
average rent price in London, AR,
is $997.00. Indeed, when looking to rent in
London, AR, you can expect to pay as little
as $520.00 or as much
as $2,320.00,
with the average rent median estimated to
be $940.00. The good news is that finding
an affordable and desirable property to rent in London, 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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