Foreclosure Homes in Mcrae, AR 72102

Current Market Conditions in Mcrae, AR

The real estate market in MCRAE is currently stable, with home prices remaining affordable compared to larger urban areas. This presents a unique opportunity for investors looking for properties with good rental potential.

As the demand for rural living increases, MCRAE is seeing a rise in interest from buyers seeking homes that provide a peaceful lifestyle away from city congestion. This may lead to an increase in property values over the coming years.

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.