Oatman, AZ Foreclosures
How much do homes sell for in Oatman, AZ?
The average home price is currently $115,037.
In Oatman, AZ, how many homes are available?
There are currently 21 active home listings available in Oatman.
What’s the average rental cost in Oatman, AZ?
The average rental price in Oatman is $1,138.
What is the most expensive home in Oatman?
The most expensive home sold in Oatman had a price of $404,722.
What is currently the cheapest priced home in Oatman, AZ?
The cheapest home for sale in Oatman is priced at $28,797.
Living in Oatman, AZ
Oatman, Arizona, is a historic mining town located along Route 66, famous for its friendly wild burros and quaint Western charm. This unique destination offers a relaxed lifestyle, rich history, and stunning desert landscapes. With a close-knit community and frequent local events, Oatman makes for a delightful place to visit or to call home.
Current Market Conditions in Oatman, AZ
Oatman's real estate market is unique due to its small-town nature, with properties usually translating into a mix of historic homes and newer builds. The market sees interest from tourists and those looking to invest or retire in a unique environment. As of late 2023, homes in Oatman have generally maintained steady value due to its attractive locale and historical significance. Property values have seen slight appreciation over the past year, indicative of an interest among buyers looking for distinctive investments in Arizona.
Listings in Oatman are relatively scarce, contributing to mild competition in the market. Investors often seek out homes or properties in the area due to the town's historical backdrop, as well as its potential for vacation rentals given its popularity with Route 66 travelers.
Home Value Estimator For Oatman, AZ
There are currently 39 real estate properties
in Oatman, AZ,
with a median automated valuation model (AVM) price
of $108,317.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Oatman, AZ, 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 Oatman, AZ,
is $115,037.00, with the most expensive house
in Oatman, AZ, topping out
at $404,722.00 and the cheapest home
in Oatman, AZ,
clocking in at $28,797.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Oatman, AZ!
Rent Prices
In Oatman, AZ
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Oatman, AZ, is on
a rollercoaster ride. The
average rent price in Oatman, AZ,
is $1,138.00. Indeed, when looking to rent in
Oatman, AZ, you can expect to pay as little
as $850.00 or as much
as $1,410.00,
with the average rent median estimated to
be $1,140.00. The good news is that finding
an affordable and desirable property to rent in Oatman, AZ
-- 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
