Romance, AR Foreclosures
How much do homes sell for in Romance, AR?
The average home price is currently $230,173.
In Romance, AR, how many homes are available?
There are currently 8 active home listings available in Romance.
What’s the average rental cost in Romance, AR?
The average rental price in Romance is $1,139.
What is the most expensive home in Romance?
The most expensive home sold in Romance had a price of $2,837,300.
What is currently the cheapest priced home in Romance, AR?
The cheapest home for sale in Romance is priced at $20,046.
Living in Romance, AR
Romance, Arkansas, is a serene small town known for its tight-knit community and beautiful natural surroundings. It's ideal for families and retirees looking for a peaceful lifestyle with access to nearby amenities. The town's charm lies in its rural feel combined with convenient access to larger cities.
Current Market Conditions in Romance, AR
The real estate market in Romance, AR, has shown consistent growth over the past few months. With the influx of people looking for more affordable housing options and a more peaceful lifestyle away from urban settings, demand for homes has increased. This trend indicates rising property values and a competitive market.
Currently, the market is considered moderately active, with new listings appearing regularly. Homes in the area are being purchased quickly, often at or above asking price, reflecting a strong buying interest, particularly from those relocating from nearby cities.
Home Value Estimator For Romance, AR
There are currently 408 real estate properties
in Romance, AR,
with a median automated valuation model (AVM) price
of $201,626.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Romance, 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 Romance, AR,
is $230,173.00, with the most expensive house
in Romance, AR, topping out
at $2,837,300.00 and the cheapest home
in Romance, AR,
clocking in at $20,046.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Romance, AR!
Rent Prices
In Romance, AR
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Romance, AR, is on
a rollercoaster ride. The
average rent price in Romance, AR,
is $1,139.00. Indeed, when looking to rent in
Romance, AR, you can expect to pay as little
as $630.00 or as much
as $2,400.00,
with the average rent median estimated to
be $1,080.00. The good news is that finding
an affordable and desirable property to rent in Romance, 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.
Learn more on Foreclosure homes
