Oil Trough, AR Foreclosures
How much do homes sell for in Oil Trough, AR?
The average home price is currently $120,451.
In Oil Trough, AR, how many homes are available?
There are currently 2 active home listings available in Oil Trough.
What’s the average rental cost in Oil Trough, AR?
The average rental price in Oil Trough is $847.
What is the most expensive home in Oil Trough?
The most expensive home sold in Oil Trough had a price of $721,100.
What is currently the cheapest priced home in Oil Trough, AR?
The cheapest home for sale in Oil Trough is priced at $13,459.
Living in Oil Trough, AR
Oil Trough, Arkansas is a picturesque, small-town community surrounded by natural beauty and outdoor activities. With its friendly atmosphere and peaceful lifestyle, it offers residents a tranquil retreat just a short drive from larger cities. Local amenities and a supportive community make it an ideal location for families and retirees.
Current Market Conditions in Oil Trough, AR
The real estate market in Oil Trough remains stable, with a steady demand for affordable housing. As more people seek out rural living options in the aftermath of the pandemic, properties in small towns like Oil Trough are becoming increasingly attractive. This trend is expected to influence property values positively and keep the market active, particularly for single-family homes.
Currently, the market is experiencing a slight uptick in home prices compared to last year, reflecting a rebound from previous volatility. The availability of larger plots of land at reasonable prices in this area continues to attract buyers looking to build their dream homes.
Home Value Estimator For Oil Trough, AR
There are currently 120 real estate properties
in Oil Trough, AR,
with a median automated valuation model (AVM) price
of $81,727.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Oil Trough, 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 Oil Trough, AR,
is $120,451.00, with the most expensive house
in Oil Trough, AR, topping out
at $721,100.00 and the cheapest home
in Oil Trough, AR,
clocking in at $13,459.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Oil Trough, AR!
Rent Prices
In Oil Trough, AR
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Oil Trough, AR, is on
a rollercoaster ride. The
average rent price in Oil Trough, AR,
is $847.00. Indeed, when looking to rent in
Oil Trough, AR, you can expect to pay as little
as $530.00 or as much
as $1,770.00,
with the average rent median estimated to
be $790.00. The good news is that finding
an affordable and desirable property to rent in Oil Trough, 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.
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