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Preforeclosure Homes in Quitman, AR 72543

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Living in Quitman, AR

Quitman, Arkansas, is a picturesque small town that captures the essence of rural living. With a tight-knit community, it’s an ideal location for families and retirees alike. The area offers access to stunning outdoor activities and a serene lifestyle away from the hustle and bustle of city life.

Current Market Conditions in Quitman, AR

The real estate market in Quitman is currently steady, with a mix of traditional family homes and newer constructions attracting buyers looking for a quieter lifestyle. The affordability of homes in Quitman, compared to nearby cities, makes it an appealing option for first-time homeowners and investors.

As of late 2023, there has been a slight increase in home prices due to limited inventory and a growing interest in rural properties. Buyers are intrigued by Quitman's charm and the community feel, prompting sellers to list their homes at competitive prices.

Home Value Estimator For Quitman, AR

There are currently 1,888 real estate properties in Quitman, AR, with a median automated valuation model (AVM) price of $185,747.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Quitman, 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 Quitman, AR, is $254,313.00, with the most expensive house in Quitman, AR, topping out at $10,106,981.00 and the cheapest home in Quitman, AR, clocking in at $11,113.00. In other words, there’s something for every potential homebuyer or savvy investor in Quitman, AR!

Rent Prices In Quitman, AR

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Quitman, AR, is on a rollercoaster ride. The average rent price in Quitman, AR, is $1,053.00. Indeed, when looking to rent in Quitman, AR, you can expect to pay as little as $530.00 or as much as $2,280.00, with the average rent median estimated to be $960.00. The good news is that finding an affordable and desirable property to rent in Quitman, 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.

Quitman, AR 72543 Preforeclosure Homes


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