Luxora, AR Foreclosures
How much do homes sell for in Luxora, AR?
The average home price is currently $524,815.
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 $12,616,926.
What is currently the cheapest priced home in Luxora, AR?
The cheapest home for sale in Luxora is priced at $14,400.
Living in Luxora, AR
Luxora, AR is a small, charming town offering a quiet lifestyle with a strong sense of community. With affordable housing options and a low cost of living, it's an attractive choice for families and retirees alike. Enjoy easy access to outdoor activities and nearby amenities while embracing the tranquility of rural living.
Current Market Conditions in Luxora, AR
The real estate market in Luxora is currently experiencing a steady demand, with a slight increase in home sales over the past few months. The market remains competitive, particularly for move-in-ready homes, which attract families looking for affordable options. The low inventory of houses for sale continues to put upward pressure on prices, but the overall affordability compared to urban areas remains appealing.
Investors and home buyers alike are showing interest in Luxora due to its potential for growth. With its proximity to larger cities and ongoing developments in infrastructure, the area is becoming increasingly desirable, making it a good time to invest or purchase a home.
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 $55,760.00. 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 $524,815.00, with the most expensive house
in Luxora, AR, topping out
at $12,616,926.00 and the cheapest home
in Luxora, AR,
clocking in at $14,400.00. 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.
Learn more on Foreclosure homes
