Palestine, AR Foreclosures
How much do homes sell for in Palestine, AR?
The average home price is currently $125,497.
In Palestine, AR, how many homes are available?
There are currently 6 active home listings available in Palestine.
What’s the average rental cost in Palestine, AR?
The average rental price in Palestine is $891.
What is the most expensive home in Palestine?
The most expensive home sold in Palestine had a price of $1,072,514.
What is currently the cheapest priced home in Palestine, AR?
The cheapest home for sale in Palestine is priced at $8,709.
Living in Palestine, AR
Palestine, Arkansas, is a small, welcoming town known for its friendly community and rich history. Nestled in the heart of the Delta, it offers a nostalgic charm with plenty of outdoor recreational activities. Residents enjoy local events and close-knit neighborhoods, making it an ideal place for families and individuals seeking a peaceful lifestyle.
Current Market Conditions in Palestine, AR
The real estate market in Palestine is currently experiencing a steady growth trend, with many homes receiving multiple offers within days of listing. The average home price has shown an upward trajectory, reflecting a surge in demand for properties in this tight-knit community. With the economic stability of the area and increasing interest from buyers, Palestine is becoming a sought-after location in the Arkansas Delta region.
In recent months, the market has seen a spike in home renovations and new constructions, indicating a vibrant neighborhood that is evolving while maintaining its historical roots. Real estate developers are taking notice, opening avenues for newcomers looking for modern amenities in classic settings.
Home Value Estimator For Palestine, AR
There are currently 609 real estate properties
in Palestine, AR,
with a median automated valuation model (AVM) price
of $104,916.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Palestine, 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 Palestine, AR,
is $125,497.00, with the most expensive house
in Palestine, AR, topping out
at $1,072,514.00 and the cheapest home
in Palestine, AR,
clocking in at $8,709.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Palestine, AR!
Rent Prices
In Palestine, AR
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Palestine, AR, is on
a rollercoaster ride. The
average rent price in Palestine, AR,
is $891.00. Indeed, when looking to rent in
Palestine, AR, you can expect to pay as little
as $450.00 or as much
as $2,130.00,
with the average rent median estimated to
be $890.00. The good news is that finding
an affordable and desirable property to rent in Palestine, 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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