Living in Lynn, AR
Lynn, Arkansas, is a quaint town nestled in the heart of the Ozarks, offering an inviting small-town atmosphere. Residents enjoy a close-knit community with a rich heritage and access to stunning natural landscapes. The town features a variety of recreational opportunities and is conveniently located near larger cities for additional amenities.
Current Market Conditions in Lynn, AR
Currently, the real estate market in Lynn, AR, is stable but shows signs of gradual improvement. Home prices have slightly increased over the past several months as more buyers are looking towards rural and suburban areas for affordable living.
There is a strong demand for single-family homes, particularly those with outdoor space, as families and retirees seek properties that offer both comfort and connection to nature.
Home Value Estimator For Lynn, AR
There are currently 70 real estate properties
in Lynn, AR,
with a median automated valuation model (AVM) price
of $117,081.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Lynn, 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 Lynn, AR,
is $119,525.00, with the most expensive house
in Lynn, AR, topping out
at $359,205.00 and the cheapest home
in Lynn, AR,
clocking in at $10,520.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Lynn, AR!
Rent Prices
In Lynn, AR
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Lynn, AR, is on
a rollercoaster ride. The
average rent price in Lynn, AR,
is $842.00. Indeed, when looking to rent in
Lynn, AR, you can expect to pay as little
as $520.00 or as much
as $1,430.00,
with the average rent median estimated to
be $800.00. The good news is that finding
an affordable and desirable property to rent in Lynn, 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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