Mcrae, AR Foreclosures
How much do homes sell for in Mcrae, AR?
The average home price is currently $139,506.
What’s the average rental cost in Mcrae, AR?
The average rental price in Mcrae is $992.
What is the most expensive home in Mcrae?
The most expensive home sold in Mcrae had a price of $249,407.
What is currently the cheapest priced home in Mcrae, AR?
The cheapest home for sale in Mcrae is priced at $74,957.
Living in Mcrae, AR
MCRAE, Arkansas is a quaint, small town known for its friendly atmosphere and serene natural beauty. With access to outdoor activities, local schools, and essential amenities, it's an appealing destination for families and retirees alike. The community is characterized by its close-knit spirit and laid-back lifestyle.
Current Market Conditions in Mcrae, AR
MCRAE's real estate market remains stable, with a slight increase in home prices over the last year. The demand for homes in rural areas has grown, as more people seek peaceful, suburban living amidst the current urban to rural migration trend.
Currently, there are opportunities for buyers looking for affordable housing options, as many homes in MCRAE are priced below the national average, making it an attractive market for first-time homebuyers.
Home Value Estimator For Mcrae, AR
There are currently 12 real estate properties
in Mcrae, AR,
with a median automated valuation model (AVM) price
of $119,641.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Mcrae, 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 Mcrae, AR,
is $139,506.00, with the most expensive house
in Mcrae, AR, topping out
at $249,407.00 and the cheapest home
in Mcrae, AR,
clocking in at $74,957.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Mcrae, AR!
Rent Prices
In Mcrae, AR
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Mcrae, AR, is on
a rollercoaster ride. The
average rent price in Mcrae, AR,
is $992.00. Indeed, when looking to rent in
Mcrae, AR, you can expect to pay as little
as $650.00 or as much
as $1,190.00,
with the average rent median estimated to
be $970.00. The good news is that finding
an affordable and desirable property to rent in Mcrae, 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
