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Cheap Homes in Mcrae, AR

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Mcrae, AR Foreclosures

How much do homes sell for in Mcrae, AR?
The average home price is currently $149,835.
What’s the average rental cost in Mcrae, AR?
The average rental price in Mcrae is $1,008.
What is the most expensive home in Mcrae?
The most expensive home sold in Mcrae had a price of $257,767.
What is currently the cheapest priced home in Mcrae, AR?
The cheapest home for sale in Mcrae is priced at $70,749.

Living in Mcrae, AR

McRae, Arkansas, is a small, peaceful town characterized by its friendly community and beautiful natural surroundings. It offers a range of local amenities and recreational activities, making it ideal for families and those seeking a tranquil lifestyle. With good schools and a safe environment, McRae presents an attractive option for homebuyers.

Current Market Conditions in Mcrae, AR

The McRae real estate market is experiencing a steady demand with a growth in the number of homebuyers looking for affordable homes. The town's serene lifestyle and proximity to nature make it appealing to families and retirees alike, contributing to a stable market.

Recent trends show that properties are selling at a moderate pace, with an increase in buyers interested in investing in the area. Home values are gradually appreciating, which is encouraging for potential investors looking for long-term gains.

Home Value Estimator For Mcrae, AR

There are currently 13 real estate properties in Mcrae, AR, with a median automated valuation model (AVM) price of $146,400.00. 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 $149,835.00, with the most expensive house in Mcrae, AR, topping out at $257,767.00 and the cheapest home in Mcrae, AR, clocking in at $70,749.00. 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 $1,008.00. Indeed, when looking to rent in Mcrae, AR, you can expect to pay as little as $650.00 or as much as $1,200.00, with the average rent median estimated to be $980.00. 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.

Cheap Homes in Mcrae, AR

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