Prescott, AR Foreclosures
How much do homes sell for in Prescott, AR?
The average home price is currently $114,536.
In Prescott, AR, how many homes are available?
There are currently 1 active home listings available in Prescott.
What’s the average rental cost in Prescott, AR?
The average rental price in Prescott is $855.
What is the most expensive home in Prescott?
The most expensive home sold in Prescott had a price of $1,499,943.
What is currently the cheapest priced home in Prescott, AR?
The cheapest home for sale in Prescott is priced at $11,240.
Living in Prescott, AR
Prescott, AR, is a quaint small town known for its welcoming community, rich history, and access to outdoor activities. It offers a family-friendly environment with essential amenities and quality schools, making it an appealing place for families and retirees. The town's close-knit atmosphere invites residents to enjoy a slower pace of life while being near larger economic centers.
Current Market Conditions in Prescott, AR
The Prescott real estate market has remained steady in recent months, showing signs of gradual appreciation in home values. The average home price has seen a slight increase as demand stabilizes, bolstered by affordable options attracting both first-time buyers and investors. With the presence of local amenities and community programs, the area's appeal continues to grow, fostering a healthy market environment.
Currently, Prescott is experiencing a balanced housing market, where the supply of homes meets the buyer demand. Homes are typically on the market for a reasonable amount of time, and competitive pricing is helping to keep the market active despite broader economic fluctuations. Agents are seeing a mix of traditional sales and some distressed properties, allowing for a varied selection of available homes.
Home Value Estimator For Prescott, AR
There are currently 1,826 real estate properties
in Prescott, AR,
with a median automated valuation model (AVM) price
of $84,639.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Prescott, 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 Prescott, AR,
is $114,536.00, with the most expensive house
in Prescott, AR, topping out
at $1,499,943.00 and the cheapest home
in Prescott, AR,
clocking in at $11,240.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Prescott, AR!
Rent Prices
In Prescott, AR
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Prescott, AR, is on
a rollercoaster ride. The
average rent price in Prescott, AR,
is $855.00. Indeed, when looking to rent in
Prescott, AR, you can expect to pay as little
as $520.00 or as much
as $2,100.00,
with the average rent median estimated to
be $850.00. The good news is that finding
an affordable and desirable property to rent in Prescott, 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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