Scotland, AR Foreclosures
How much do homes sell for in Scotland, AR?
The average home price is currently $151,310.
What’s the average rental cost in Scotland, AR?
The average rental price in Scotland is $885.
What is the most expensive home in Scotland?
The most expensive home sold in Scotland had a price of $813,246.
What is currently the cheapest priced home in Scotland, AR?
The cheapest home for sale in Scotland is priced at $13,414.
Living in Scotland, AR
Scotland, Arkansas, is a peaceful town nestled in the Ouachita Mountains. With beautiful natural surroundings and a welcoming community, it offers a perfect blend of rural charm and modern amenities. Residents can enjoy various outdoor activities while benefiting from local schools and a friendly atmosphere.
Current Market Conditions in Scotland, AR
The real estate market in Scotland, AR, is currently experiencing a steady uptick in interest, with families and retirees showing significant interest in the area due to its affordability and scenic views. Homes in this region tend to sell quickly, particularly those with established gardens and easy access to nature.
In recent months, there has been an increase in home prices, leading to a competitive market. However, compared to larger cities in Arkansas, Scotland presents a comparatively lower price point, attracting those looking for a tranquil setting without sacrificing accessibility to urban conveniences.
Home Value Estimator For Scotland, AR
There are currently 196 real estate properties
in Scotland, AR,
with a median automated valuation model (AVM) price
of $123,984.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Scotland, 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 Scotland, AR,
is $151,310.00, with the most expensive house
in Scotland, AR, topping out
at $813,246.00 and the cheapest home
in Scotland, AR,
clocking in at $13,414.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Scotland, AR!
Rent Prices
In Scotland, AR
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Scotland, AR, is on
a rollercoaster ride. The
average rent price in Scotland, AR,
is $885.00. Indeed, when looking to rent in
Scotland, AR, you can expect to pay as little
as $520.00 or as much
as $1,790.00,
with the average rent median estimated to
be $850.00. The good news is that finding
an affordable and desirable property to rent in Scotland, 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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