Palestine, AR Foreclosures
How much do homes sell for in Palestine, AR?
The average home price is currently $122,054.
In Palestine, AR, how many homes are available?
There are currently 8 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 $1,074,449.
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, AR is a quaint town known for its warm community spirit and natural beauty. It offers a peaceful rural lifestyle, making it ideal for families and retirees. With a variety of local amenities and access to outdoor activities, Palestine is a hidden gem in Arkansas.
Current Market Conditions in Palestine, AR
The real estate market in Palestine, AR has shown consistent growth in recent months, reflecting a trend of increasing demand for affordable housing in rural areas. Local listings are seeing interest from both first-time homebuyers and investors looking for rental properties. The market remains competitive, but prices remain accessible compared to larger urban areas, attracting buyers seeking value.
In the last few months, home prices in Palestine have increased modestly. As more individuals and families discover the charm of this small town, it's become a sought-after destination for those looking to escape the hustle and bustle of city life while still being close to urban amenities.
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 $100,393.00. 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 $122,054.00, with the most expensive house
in Palestine, AR, topping out
at $1,074,449.00 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.
Learn more on Foreclosure homes
