Russell, AR Foreclosures
How much do homes sell for in Russell, AR?
The average home price is currently $126,482.
In Russell, AR, how many homes are available?
There are currently 241 active home listings available in Russell.
What’s the average rental cost in Russell, AR?
The average rental price in Russell is $902.
What is the most expensive home in Russell?
The most expensive home sold in Russell had a price of $348,700.
What is currently the cheapest priced home in Russell, AR?
The cheapest home for sale in Russell is priced at $47,109.
Living in Russell, AR
Russell, Arkansas, is a charming small town known for its friendly atmosphere and historical significance. Nestled in the picturesque landscapes of Arkansas, residents enjoy a blend of outdoor activities and community events. With its rich natural beauty, including access to the picturesque Ouachita Mountains, Russell offers a perfect blend of rural charm and modern conveniences.
Current Market Conditions in Russell, AR
The real estate market in Russell, AR has shown steady growth in recent months, driven by an influx of newcomers searching for affordable housing options in a picturesque environment. Prices have remained competitive, making it an appealing destination for both first-time homebuyers and retirees seeking to relocate. The demand for homes remains strong, and new constructions are emerging to meet the market needs.
Overall, the Russell housing market appears healthy, with sufficient inventory to satisfy potential buyers without overwhelming the market. The median home prices have seen a slight increase, suggesting that the area is becoming increasingly popular.
Estimates show that homes typically sell within a reasonable time frame, often with multiple offers.
Home Value Estimator For Russell, AR
There are currently 14 real estate properties
in Russell, AR,
with a median automated valuation model (AVM) price
of $74,900.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Russell, 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 Russell, AR,
is $126,482.00, with the most expensive house
in Russell, AR, topping out
at $348,700.00 and the cheapest home
in Russell, AR,
clocking in at $47,109.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Russell, AR!
Rent Prices
In Russell, AR
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Russell, AR, is on
a rollercoaster ride. The
average rent price in Russell, AR,
is $902.00. Indeed, when looking to rent in
Russell, AR, you can expect to pay as little
as $580.00 or as much
as $1,340.00,
with the average rent median estimated to
be $830.00. The good news is that finding
an affordable and desirable property to rent in Russell, 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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