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Foreclosure Homes in Okolona, AR 71962

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Okolona, AR Foreclosures

How much do homes sell for in Okolona, AR?
The average home price is currently $143,794.
What’s the average rental cost in Okolona, AR?
The average rental price in Okolona is $884.
What is the most expensive home in Okolona?
The most expensive home sold in Okolona had a price of $4,406,900.
What is currently the cheapest priced home in Okolona, AR?
The cheapest home for sale in Okolona is priced at $16,501.

Living in Okolona, AR

Okolona, AR, is a small, welcoming town with a cozy atmosphere and a focus on community. Its residents enjoy a peaceful lifestyle with access to nature and local amenities, making it an excellent choice for families and those looking to retire. The area features several educational institutions and recreational opportunities, fostering a vibrant community spirit.

Current Market Conditions in Okolona, AR

The real estate market in Okolona has been experiencing steady interest from buyers, particularly for family homes and rural properties. There has been a slight increase in home values over the past year as more people look to relocate to quieter, more affordable areas.

Investors are showing an interest in Okolona due to its proximity to larger commercial hubs, which enhances the potential for property appreciation as the area develops.

Home Value Estimator For Okolona, AR

There are currently 366 real estate properties in Okolona, AR, with a median automated valuation model (AVM) price of $95,923.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Okolona, 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 Okolona, AR, is $143,794.00, with the most expensive house in Okolona, AR, topping out at $4,406,900.00 and the cheapest home in Okolona, AR, clocking in at $16,501.00. In other words, there’s something for every potential homebuyer or savvy investor in Okolona, AR!

Rent Prices In Okolona, AR

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Okolona, AR, is on a rollercoaster ride. The average rent price in Okolona, AR, is $884.00. Indeed, when looking to rent in Okolona, AR, you can expect to pay as little as $580.00 or as much as $2,420.00, with the average rent median estimated to be $790.00. The good news is that finding an affordable and desirable property to rent in Okolona, 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.

Okolona, AR 71962 Foreclosures


Market Trend for Okolona, AR

Total Listings Available: 0

Market Values:

Home Prices from $16,501 to $4,406,900

Average Sales Price: $143,794

Rental Values:

Rental from $580 to $2,420

Average Rent Value: $884 / month

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