Portia, AR Foreclosures
How much do homes sell for in Portia, AR?
The average home price is currently $114,643.
What’s the average rental cost in Portia, AR?
The average rental price in Portia is $734.
What is the most expensive home in Portia?
The most expensive home sold in Portia had a price of $819,988.
What is currently the cheapest priced home in Portia, AR?
The cheapest home for sale in Portia is priced at $34,197.
Living in Portia, AR
Portia, AR is a quaint, close-knit community that emphasizes both a peaceful lifestyle and the joy of outdoor living. With access to essential services and beautiful natural surroundings, it’s an ideal place for families and retirees alike. The town prides itself on its community spirit and local charm, making it a hidden gem in the heart of Arkansas.
Current Market Conditions in Portia, AR
The housing market in Portia has shown steady growth over the past few years, with an increase in demand for homes as more people seek the charm of rural living paired with accessibility to larger cities. The average home prices have increased due to this interest, attracting both first-time buyers and investors looking for rental opportunities.
Trends indicate that properties with larger lots and updated amenities are particularly sought after as families hunt for both space and modern comforts. Additionally, existing homeowners are generally opting to renovate rather than sell, further contributing to the tightening housing inventory in the area.
Home Value Estimator For Portia, AR
There are currently 71 real estate properties
in Portia, AR,
with a median automated valuation model (AVM) price
of $98,490.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Portia, 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 Portia, AR,
is $114,643.00, with the most expensive house
in Portia, AR, topping out
at $819,988.00 and the cheapest home
in Portia, AR,
clocking in at $34,197.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Portia, AR!
Rent Prices
In Portia, AR
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Portia, AR, is on
a rollercoaster ride. The
average rent price in Portia, AR,
is $734.00. Indeed, when looking to rent in
Portia, AR, you can expect to pay as little
as $520.00 or as much
as $1,080.00,
with the average rent median estimated to
be $700.00. The good news is that finding
an affordable and desirable property to rent in Portia, 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
