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Foreclosure Homes in Royal, AR 71968

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Royal, AR Foreclosures

How much do homes sell for in Royal, AR?
The average home price is currently $298,847.
In Royal, AR, how many homes are available?
There are currently 15 active home listings available in Royal.
What’s the average rental cost in Royal, AR?
The average rental price in Royal is $1,193.
What is the most expensive home in Royal?
The most expensive home sold in Royal had a price of $2,921,447.
What is currently the cheapest priced home in Royal, AR?
The cheapest home for sale in Royal is priced at $14,094.

Living in Royal, AR

Royal, AR is a picturesque town in the Ouachita Mountains known for its stunning natural landscapes and tight-knit community. The area offers various outdoor activities, including hiking and fishing, ideal for nature lovers. Its local charm and friendly atmosphere make it a delightful place to live.

Current Market Conditions in Royal, AR

The real estate market in Royal, AR, is characterized by an influx of buyers seeking affordable housing options in a serene and picturesque environment. Home prices have remained stable, making it attractive for first-time buyers and retirees alike, who are looking to escape the hustle and bustle of city life.

In recent months, there has been a slight increase in demand for properties, particularly those near Lake Ouachita, as more individuals recognize the lifestyle benefits of living in a close-knit community surrounded by nature.

Home Value Estimator For Royal, AR

There are currently 1,649 real estate properties in Royal, AR, with a median automated valuation model (AVM) price of $239,740.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Royal, 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 Royal, AR, is $298,847.00, with the most expensive house in Royal, AR, topping out at $2,921,447.00 and the cheapest home in Royal, AR, clocking in at $14,094.00. In other words, there’s something for every potential homebuyer or savvy investor in Royal, AR!

Rent Prices In Royal, AR

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Royal, AR, is on a rollercoaster ride. The average rent price in Royal, AR, is $1,193.00. Indeed, when looking to rent in Royal, AR, you can expect to pay as little as $510.00 or as much as $3,420.00, with the average rent median estimated to be $1,130.00. The good news is that finding an affordable and desirable property to rent in Royal, 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.

Royal, AR 71968 Foreclosures


Market Trend for Royal, AR

Total Listings Available: 15

Market Values:

Home Prices from $14,094 to $2,921,447

Average Sales Price: $298,847

Rental Values:

Rental from $510 to $3,420

Average Rent Value: $1,193 / month

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