Foreclosure Homes in Mcrae, AR 72102

Current Market Conditions in Mcrae, AR

The real estate market in MCRAE has shown stability over the past year, with a modest increase in home values as the demand for affordable housing continues. Home buyers are increasingly attracted to the area due to its low cost of living and welcoming community atmosphere.

Currently, there is a mix of single-family homes and larger properties available. The market tends to favor buyers, with several properties still available at reasonable prices compared to more urban areas.

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.