Living in Oatman, AZ
Oatman, AZ is a quirky and historic ghost town on Route 66, known for its wild burros and charming remnants of its gold mining past. The town offers a unique desert lifestyle, combining historical allure with outdoor adventures. Ideal for those seeking an escape, Oatman exudes a nostalgic charm that draws visitors from around the world.
Current Market Conditions in Oatman, AZ
The real estate market in Oatman, AZ has remained steady, with a growing interest in the unique lifestyle and historical charm it offers. While options are limited due to the town's size, properties have started to gain value as more buyers recognize the potential for investment in this quaint area. Oatman's appeal as a tourist destination continues to foster interest in local properties, both for residential and rental investments.
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 $113,225.00. 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 $116,195.00, with the most expensive house
in Oatman, AZ, topping out
at $404,722.00 and the cheapest home
in Oatman, AZ,
clocking in at $30,400.00. 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.
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