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Land Foreclosures in Mcrae, AR 72102

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Mcrae, AR Foreclosures

How much do homes sell for in Mcrae, AR?
The average home price is currently $138,648.
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 $70,295.

Living in Mcrae, AR

MCRAE, AR is a tranquil town that offers a perfect blend of community living and beautiful outdoor environments. With easy access to larger cities and excellent schools, it is an ideal location for families and investors alike. The town's charm and welcoming atmosphere make it a hidden gem in Arkansas.

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.

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 $141,111.00. 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 $138,648.00, with the most expensive house in Mcrae, AR, topping out at $249,407.00 and the cheapest home in Mcrae, AR, clocking in at $70,295.00. 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.

Mcrae, AR 72102 Land


Market Trend for Mcrae, AR

Total Listings Available: 0

Market Values:

Home Prices from $70,295 to $249,407

Average Sales Price: $138,648

Rental Values:

Rental from $650 to $1,190

Average Rent Value: $992 / month

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