Lowell, AR Foreclosures
How much do homes sell for in Lowell, AR?
The average home price is currently $392,099.
In Lowell, AR, how many homes are available?
There are currently 25 active home listings available in Lowell.
What’s the average rental cost in Lowell, AR?
The average rental price in Lowell is $1,243.
What is the most expensive home in Lowell?
The most expensive home sold in Lowell had a price of $10,345,423.
What is currently the cheapest priced home in Lowell, AR?
The cheapest home for sale in Lowell is priced at $10,888.
Living in Lowell, AR
Lowell is a vibrant city located in Northwest Arkansas, known for its friendly community and growing economy. The city features a variety of parks and recreational spots, making it an ideal place for families and outdoor enthusiasts. With convenient access to major highways and a strong education system, Lowell is an attractive option for both residents and investors.
Current Market Conditions in Lowell, AR
The real estate market in Lowell, AR, remains strong, with a rising demand for homes influenced by the area's rapid growth in economic opportunities and population. Property values have steadily increased over the past year, making it a popular choice among homebuyers and investors looking for affordability compared to nearby cities. The local economy is bolstered by several major employers, and the influx of new residents is contributing to a competitive housing market.
Recently, there has been an uptick in new residential developments, catering to various segments, from affordable starter homes to luxury properties. Inventories might be limited, leading to faster sales and potentially increased prices, but the market is still deemed accessible for first-time buyers.
Home Value Estimator For Lowell, AR
There are currently 3,972 real estate properties
in Lowell, AR,
with a median automated valuation model (AVM) price
of $327,924.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Lowell, 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 Lowell, AR,
is $392,099.00, with the most expensive house
in Lowell, AR, topping out
at $10,345,423.00 and the cheapest home
in Lowell, AR,
clocking in at $10,888.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Lowell, AR!
Rent Prices
In Lowell, AR
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Lowell, AR, is on
a rollercoaster ride. The
average rent price in Lowell, AR,
is $1,243.00. Indeed, when looking to rent in
Lowell, AR, you can expect to pay as little
as $490.00 or as much
as $3,100.00,
with the average rent median estimated to
be $1,140.00. The good news is that finding
an affordable and desirable property to rent in Lowell, 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
