Scranton, AR Foreclosures
How much do homes sell for in Scranton, AR?
The average home price is currently $214,080.
In Scranton, AR, how many homes are available?
There are currently 1 active home listings available in Scranton.
What’s the average rental cost in Scranton, AR?
The average rental price in Scranton is $1,017.
What is the most expensive home in Scranton?
The most expensive home sold in Scranton had a price of $1,974,426.
What is currently the cheapest priced home in Scranton, AR?
The cheapest home for sale in Scranton is priced at $40,750.
Living in Scranton, AR
Scranton, Arkansas, is a quaint town nestled in the scenic hills of Logan County, with a small population that promotes a close-knit community atmosphere. The area is perfect for outdoor activities, offering a blend of nature and rural living. With its balance of tranquility and accessibility to nearby towns, Scranton is a wonderful place for families and nature lovers.
Current Market Conditions in Scranton, AR
The real estate market in Scranton, Arkansas, is characterized by affordability and a growing interest from potential homebuyers seeking a peaceful lifestyle away from busy urban centers. The recent influx of remote workers has also added to the demand for homes, as people are looking for spacious properties in serene settings. Current market trends show a steady increase in property values as more individuals discover the charm of rural living.
In 2023, the market saw a notable uptick in home sales, particularly among single-family residences. The community's friendly atmosphere and strong local amenities have made it an appealing choice for families and retirees alike, reflecting in a positive sentiment towards investing in real estate within the area.
Home Value Estimator For Scranton, AR
There are currently 607 real estate properties
in Scranton, AR,
with a median automated valuation model (AVM) price
of $166,984.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Scranton, 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 Scranton, AR,
is $214,080.00, with the most expensive house
in Scranton, AR, topping out
at $1,974,426.00 and the cheapest home
in Scranton, AR,
clocking in at $40,750.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Scranton, AR!
Rent Prices
In Scranton, AR
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Scranton, AR, is on
a rollercoaster ride. The
average rent price in Scranton, AR,
is $1,017.00. Indeed, when looking to rent in
Scranton, AR, you can expect to pay as little
as $580.00 or as much
as $2,120.00,
with the average rent median estimated to
be $980.00. The good news is that finding
an affordable and desirable property to rent in Scranton, 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
