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Foreclosure Homes in Pencil Bluff, AR

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Pencil Bluff, AR Foreclosures

How much do homes sell for in Pencil Bluff, AR?
The average home price is currently $223,235.
In Pencil Bluff, AR, how many homes are available?
There are currently 14 active home listings available in Pencil Bluff.
What’s the average rental cost in Pencil Bluff, AR?
The average rental price in Pencil Bluff is $946.
What is the most expensive home in Pencil Bluff?
The most expensive home sold in Pencil Bluff had a price of $1,274,400.
What is currently the cheapest priced home in Pencil Bluff, AR?
The cheapest home for sale in Pencil Bluff is priced at $26,450.

Living in Pencil Bluff, AR

Pencil Bluff, AR, is a picturesque rural community nestled in the heart of the Ouachita Mountains, offering a serene lifestyle surrounded by nature. The area is perfect for outdoor enthusiasts, with access to various recreational activities including hiking, fishing, and camping. This small town boasts a close-knit community, making it an ideal place to call home.

Current Market Conditions in Pencil Bluff, AR

The real estate market in Pencil Bluff, AR, is currently showing steady growth, with a stable demand for homes partly due to its attractive natural surroundings. The area has seen a moderate increase in home values as more individuals and families seek out peaceful rural living away from bustling urban centers.

New construction and home renovations are on the rise as buyers look to invest in properties that accommodate their desire for spacious living and proximity to outdoor activities. As the demand for properties increases, it is believed that this trend will continue, making Pencil Bluff an attractive market for future investments.

Home Value Estimator For Pencil Bluff, AR

There are currently 101 real estate properties in Pencil Bluff, AR, with a median automated valuation model (AVM) price of $183,212.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Pencil Bluff, 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 Pencil Bluff, AR, is $223,235.00, with the most expensive house in Pencil Bluff, AR, topping out at $1,274,400.00 and the cheapest home in Pencil Bluff, AR, clocking in at $26,450.00. In other words, there’s something for every potential homebuyer or savvy investor in Pencil Bluff, AR!

Rent Prices In Pencil Bluff, AR

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Pencil Bluff, AR, is on a rollercoaster ride. The average rent price in Pencil Bluff, AR, is $946.00. Indeed, when looking to rent in Pencil Bluff, AR, you can expect to pay as little as $610.00 or as much as $1,830.00, with the average rent median estimated to be $870.00. The good news is that finding an affordable and desirable property to rent in Pencil Bluff, 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.

Pencil Bluff, AR Foreclosures


Market Trend for Pencil Bluff, AR

Total Listings Available: 14

Market Values:

Home Prices from $26,450 to $1,274,400

Average Sales Price: $223,235

Rental Values:

Rental from $610 to $1,830

Average Rent Value: $946 / month

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