Russell, AR Foreclosures
How much do homes sell for in Russell, AR?
The average home price is currently $128,672.
In Russell, AR, how many homes are available?
There are currently 226 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 $47,680.
Living in Russell, AR
Russell, Arkansas, is a quaint town nestled in the Ouachita Mountains, known for its beautiful landscapes and friendly community. The area offers a variety of outdoor activities, including hiking and water sports on nearby lakes. With quality schools and a peaceful atmosphere, Russell is an attractive option for families and retirees alike.
Current Market Conditions in Russell, AR
The real estate market in Russell, AR, has shown resilience and steady growth over the past few years. The combination of a rural lifestyle with access to outdoor recreation continues to attract homebuyers looking for tranquility away from larger urban centers. As more people seek to relocate to smaller towns, the demand for homes in Russell has increased, particularly for single-family homes and vacation properties near the lakes.
In terms of current pricing, the housing market offers a range of options from affordable starter homes to more luxurious lakefront properties, catering to different buyer demographics. Overall, the market remains competitive, with homes often seeing multiple offers, particularly in desirable neighborhoods.
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 $128,672.00, with the most expensive house
in Russell, AR, topping out
at $348,700.00 and the cheapest home
in Russell, AR,
clocking in at $47,680.00. 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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