Okolona, AR Foreclosures
How much do homes sell for in Okolona, AR?
The average home price is currently $138,439.
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 $4,327,500.
What is currently the cheapest priced home in Okolona, AR?
The cheapest home for sale in Okolona is priced at $16,614.
Living in Okolona, AR
Okolona, Arkansas is a peaceful small town that offers a relaxed lifestyle and a strong sense of community. With picturesque landscapes and access to outdoor adventures, it presents an ideal setting for families and individuals seeking tranquility. Residents enjoy the camaraderie of close neighbors while having convenient access to essential amenities.
Current Market Conditions in Okolona, AR
The real estate market in Okolona, AR, has seen stable conditions over the last few months, with modest price increases in homes. Overall demand remains steady, primarily driven by local residents and individuals seeking a retreat from urban areas. The market is characterized by affordable home prices compared to larger surrounding towns, making it an attractive option for first-time homebuyers.
As more people are looking to relocate to quieter, rural settings, Okolona's real estate market is expected to see continued interest. Homes here typically sell within a reasonable period, and new buyers are encouraged to act promptly to secure desirable properties.
Home Value Estimator For Okolona, AR
There are currently 312 real estate properties
in Okolona, AR,
with a median automated valuation model (AVM) price
of $86,158.00. 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 $138,439.00, with the most expensive house
in Okolona, AR, topping out
at $4,327,500.00 and the cheapest home
in Okolona, AR,
clocking in at $16,614.00. 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.
Learn more on Foreclosure homes
