Montrose, AR Foreclosures
How much do homes sell for in Montrose, AR?
The average home price is currently $91,916.
In Montrose, AR, how many homes are available?
There are currently 1 active home listings available in Montrose.
What’s the average rental cost in Montrose, AR?
The average rental price in Montrose is $811.
What is the most expensive home in Montrose?
The most expensive home sold in Montrose had a price of $497,715.
What is currently the cheapest priced home in Montrose, AR?
The cheapest home for sale in Montrose is priced at $6,775.
Living in Montrose, AR
Montrose, AR, is a peaceful small town characterized by its friendly community and beautiful natural surroundings. Residents enjoy outdoor activities and a slower pace of life while having access to essential amenities. The town is perfect for those seeking tranquility away from the hustle and bustle of larger cities.
Current Market Conditions in Montrose, AR
The real estate market in Montrose has seen steady growth over the past few years, with home values gradually increasing as demand for residential properties rises. The town attracts buyers looking for affordable housing and a sense of community, making it a favorable market for both buyers and sellers.
Currently, Montrose offers a mix of affordable and higher-end properties, appealing to various buyers including families, retirees, and first-time homebuyers. The market is competitive, with properties that are well-maintained drawing significant interest.
Home Value Estimator For Montrose, AR
There are currently 187 real estate properties
in Montrose, AR,
with a median automated valuation model (AVM) price
of $69,829.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Montrose, 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 Montrose, AR,
is $91,916.00, with the most expensive house
in Montrose, AR, topping out
at $497,715.00 and the cheapest home
in Montrose, AR,
clocking in at $6,775.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Montrose, AR!
Rent Prices
In Montrose, AR
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Montrose, AR, is on
a rollercoaster ride. The
average rent price in Montrose, AR,
is $811.00. Indeed, when looking to rent in
Montrose, AR, you can expect to pay as little
as $520.00 or as much
as $1,660.00,
with the average rent median estimated to
be $780.00. The good news is that finding
an affordable and desirable property to rent in Montrose, 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
