Luxora, AR Foreclosures
How much do homes sell for in Luxora, AR?
The average home price is currently $436,773.
In Luxora, AR, how many homes are available?
There are currently 1 active home listings available in Luxora.
What’s the average rental cost in Luxora, AR?
The average rental price in Luxora is $831.
What is the most expensive home in Luxora?
The most expensive home sold in Luxora had a price of $11,456,920.
What is currently the cheapest priced home in Luxora, AR?
The cheapest home for sale in Luxora is priced at $14,500.
Living in Luxora, AR
Luxora, Arkansas is a serene and welcoming community that boasts a rural charm and strong community connections. With its proximity to larger urban areas, residents can enjoy a peaceful lifestyle while having access to essential services and amenities. The area is ideal for those seeking a blend of outdoor activities and a close-knit neighborhood feel.
Current Market Conditions in Luxora, AR
The current real estate market in Luxora is characterized by a slow but steady growth. Home prices remain affordable compared to neighboring areas, making it an attractive option for first-time buyers and families looking to settle down in a peaceful environment. The demand for property has seen gradual increases in recent months, indicating a shift towards a balanced market.
In recent years, Luxora has caught the attention of those seeking a retreat from urban living. The appeal lies in its affordability, access to nature, and family-friendly atmosphere. Investors are seeing potential for future development, particularly in recreational facilities and housing, which may lead to increased property values over time.
Home Value Estimator For Luxora, AR
There are currently 327 real estate properties
in Luxora, AR,
with a median automated valuation model (AVM) price
of $55,874.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Luxora, 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 Luxora, AR,
is $436,773.00, with the most expensive house
in Luxora, AR, topping out
at $11,456,920.00 and the cheapest home
in Luxora, AR,
clocking in at $14,500.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Luxora, AR!
Rent Prices
In Luxora, AR
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Luxora, AR, is on
a rollercoaster ride. The
average rent price in Luxora, AR,
is $831.00. Indeed, when looking to rent in
Luxora, AR, you can expect to pay as little
as $480.00 or as much
as $1,700.00,
with the average rent median estimated to
be $800.00. The good news is that finding
an affordable and desirable property to rent in Luxora, 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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