Living in Prim, AR
Prim, Arkansas is a charming small town nestled amid the Ozark Mountains, offering a peaceful lifestyle and a strong sense of community. It boasts abundant outdoor activities, including hiking and fishing, while providing easy access to essential services and amenities. This picturesque location is perfect for those looking to escape the hustle and bustle of city life.
Current Market Conditions in Prim, AR
The real estate market in Prim, AR is currently stable with moderate demand for homes. Although it is a small town, the affordability of properties compared to nearby urban areas has attracted buyers looking for larger lots and homes with more space, particularly those seeking vacation or retirement properties.
Recent trends show that homes in Prim have been increasingly sought after due to the natural beauty of the surrounding Ozarks and the peaceful living experience. As a result, some listings are receiving multiple offers, particularly properties that are well-maintained and located near popular outdoor attractions.
Home Value Estimator For Prim, AR
There are currently 144 real estate properties
in Prim, AR,
with a median automated valuation model (AVM) price
of $192,046.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Prim, 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 Prim, AR,
is $227,382.00, with the most expensive house
in Prim, AR, topping out
at $940,910.00 and the cheapest home
in Prim, AR,
clocking in at $28,560.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Prim, AR!
Rent Prices
In Prim, AR
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Prim, AR, is on
a rollercoaster ride. The
average rent price in Prim, AR,
is $1,031.00. Indeed, when looking to rent in
Prim, AR, you can expect to pay as little
as $420.00 or as much
as $1,880.00,
with the average rent median estimated to
be $970.00. The good news is that finding
an affordable and desirable property to rent in Prim, 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.