Portland, AR Foreclosures
How much do homes sell for in Portland, AR?
The average home price is currently $139,069.
What’s the average rental cost in Portland, AR?
The average rental price in Portland is $882.
What is the most expensive home in Portland?
The most expensive home sold in Portland had a price of $1,019,850.
What is currently the cheapest priced home in Portland, AR?
The cheapest home for sale in Portland is priced at $8,118.
Living in Portland, AR
Portland is a small, tight-knit community located in the heart of Arkansas. This quaint town offers a peaceful rural lifestyle while providing access to essential amenities. The local residents enjoy a friendly atmosphere, with various outdoor activities and events that bring people together each season.
Current Market Conditions in Portland, AR
The real estate market in Portland, AR, is currently experiencing stable growth, with a steady demand for homes due to its affordable prices and attractive lifestyle. Homes tend to be moderately priced, which appeals to first-time buyers and investors alike looking for opportunities in up-and-coming areas.
In recent months, there has been a noticeable increase in interest from out-of-state buyers seeking a quieter, more affordable lifestyle, which is contributing to the overall market appreciation in the area. The balance between supply and demand is also favorable, making it a great time for sellers to capitalize on the current market conditions.
Home Value Estimator For Portland, AR
There are currently 219 real estate properties
in Portland, AR,
with a median automated valuation model (AVM) price
of $87,836.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Portland, 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 Portland, AR,
is $139,069.00, with the most expensive house
in Portland, AR, topping out
at $1,019,850.00 and the cheapest home
in Portland, AR,
clocking in at $8,118.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Portland, AR!
Rent Prices
In Portland, AR
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Portland, AR, is on
a rollercoaster ride. The
average rent price in Portland, AR,
is $882.00. Indeed, when looking to rent in
Portland, AR, you can expect to pay as little
as $520.00 or as much
as $1,800.00,
with the average rent median estimated to
be $810.00. The good news is that finding
an affordable and desirable property to rent in Portland, 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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