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 5 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 steeped in history, offering a peaceful lifestyle characterized by friendly locals and community events. The area is surrounded by nature, providing multiple recreational activities and nearby amenities. Its location allows residents easy access to larger towns, enhancing its appeal for families and retirees alike.
Current Market Conditions in Palestine, AR
As of late 2023, the real estate market in Palestine, AR has seen a steady increase in demand for homes, particularly among families looking for affordability and a strong community vibe. Homes tend to be competitively priced compared to nearby towns, attracting buyers from various backgrounds.
With fewer homes on the market this year, potential buyers are experiencing a more competitive environment. The overall trends indicate a gradual appreciation of property values, suggesting a promising investment opportunity for those looking to enter the market.
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.
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