Portland, AR Foreclosures
How much do homes sell for in Portland, AR?
The average home price is currently $128,342.
In Portland, AR, how many homes are available?
There are currently 1 active home listings available in Portland.
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 in Arkansas that offers a peaceful living environment with a rich agricultural background. The area is characterized by its friendly residents and scenic landscapes, making it ideal for families and retirees alike. With a close proximity to larger cities, Portland combines rural charm with convenient access to urban amenities.
Current Market Conditions in Portland, AR
The real estate market in Portland, AR, has shown steady growth over the past year, with an increasing number of buyers showing interest in the area. The affordability of homes in this region attracts families, retirees, and first-time homebuyers alike. Additionally, the blend of rural ambiance and accessibility to urban amenities makes Portland a desirable location for many.
Currently, there is a balanced market in Portland, with housing inventory slightly increasing which allows buyers more options than in past years. Home values have appreciated, but the pace has been moderate, preventing rapid market fluctuations.
Home Value Estimator For Portland, AR
There are currently 183 real estate properties
in Portland, AR,
with a median automated valuation model (AVM) price
of $89,019.00. 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 $128,342.00, 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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