Parks, AR Foreclosures
How much do homes sell for in Parks, AR?
The average home price is currently $186,616.
In Parks, AR, how many homes are available?
There are currently 2 active home listings available in Parks.
What’s the average rental cost in Parks, AR?
The average rental price in Parks is $922.
What is the most expensive home in Parks?
The most expensive home sold in Parks had a price of $3,853,170.
What is currently the cheapest priced home in Parks, AR?
The cheapest home for sale in Parks is priced at $11,240.
Living in Parks, AR
Parks, AR, is a quaint town that offers a peaceful country lifestyle with a strong sense of community. Known for its outdoor opportunities and friendly environment, it provides easy access to natural attractions and local amenities. Whether you enjoy outdoor activities or the charm of small-town life, Parks has something to offer everyone.
Current Market Conditions in Parks, AR
The current real estate market in Parks, AR, is classified as stable, with slight increases in property values over the past year. The area is attracting attention due to its affordability compared to larger cities, making it an appealing option for first-time homebuyers and investors.
Year-on-year, the market's appeal has grown as more people discover the serene living environment, leading to increased demand for homes, which is pushing prices up moderately. Investors are particularly interested in the potential for rental properties due to the town's rise in popularity.
Home Value Estimator For Parks, AR
There are currently 202 real estate properties
in Parks, AR,
with a median automated valuation model (AVM) price
of $109,315.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Parks, 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 Parks, AR,
is $186,616.00, with the most expensive house
in Parks, AR, topping out
at $3,853,170.00 and the cheapest home
in Parks, AR,
clocking in at $11,240.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Parks, AR!
Rent Prices
In Parks, AR
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Parks, AR, is on
a rollercoaster ride. The
average rent price in Parks, AR,
is $922.00. Indeed, when looking to rent in
Parks, AR, you can expect to pay as little
as $550.00 or as much
as $1,980.00,
with the average rent median estimated to
be $880.00. The good news is that finding
an affordable and desirable property to rent in Parks, 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
