Pencil Bluff, AR Foreclosures
How much do homes sell for in Pencil Bluff, AR?
The average home price is currently $213,064.
In Pencil Bluff, AR, how many homes are available?
There are currently 15 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 $772,435.
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 is a charming community located in the Ouachita Mountains. Known for its stunning landscapes and outdoor recreational opportunities, this area offers a serene environment for families and individuals alike. With its close-knit community and access to nature, Pencil Bluff is an ideal place for those seeking tranquility in rural Arkansas.
Current Market Conditions in Pencil Bluff, AR
The real estate market in Pencil Bluff has remained stable over the past year, with a slight increase in both home prices and sales volume. The demand for properties in rural areas is on the rise, driven by buyers looking for retreat-style living away from urban centers. As inventory remains low, sellers are seeing competitive offers, and homes are selling relatively quickly.
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 $188,265.00. 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 $213,064.00, with the most expensive house
in Pencil Bluff, AR, topping out
at $772,435.00 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.
Learn more on Foreclosure homes
