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Foreclosure Homes in Springfield, AR

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Springfield, AR Foreclosures

How much do homes sell for in Springfield, AR?
The average home price is currently $150,433.
In Springfield, AR, how many homes are available?
There are currently 9 active home listings available in Springfield.
What’s the average rental cost in Springfield, AR?
The average rental price in Springfield is $911.
What is the most expensive home in Springfield?
The most expensive home sold in Springfield had a price of $1,097,469.
What is currently the cheapest priced home in Springfield, AR?
The cheapest home for sale in Springfield is priced at $11,113.

Living in Springfield, AR

Springfield, AR is a charming city known for its welcoming communities, diverse amenities, and strong focus on education. The area is perfect for families and offers numerous parks and recreational activities. With a mix of suburban charm and urban convenience, Springfield is an ideal place to call home.

Current Market Conditions in Springfield, AR

The real estate market in Springfield, AR is currently experiencing a steady increase in demand, with home prices rising due to limited inventory and attractive interest rates. The city is seeing an influx of new residents, drawn by its affordable housing and quality of life, which in turn is bolstering home values.

Targeted developments and improvements in local infrastructure are making Springfield an attractive area for real estate investment. Agents report a brisk activity in both buying and selling, as well as an increase in rental properties due to the expanding job market and local businesses opening up.

Home Value Estimator For Springfield, AR

There are currently 559 real estate properties in Springfield, AR, with a median automated valuation model (AVM) price of $112,900.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Springfield, 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 Springfield, AR, is $150,433.00, with the most expensive house in Springfield, AR, topping out at $1,097,469.00 and the cheapest home in Springfield, AR, clocking in at $11,113.00. In other words, there’s something for every potential homebuyer or savvy investor in Springfield, AR!

Rent Prices In Springfield, AR

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Springfield, AR, is on a rollercoaster ride. The average rent price in Springfield, AR, is $911.00. Indeed, when looking to rent in Springfield, AR, you can expect to pay as little as $580.00 or as much as $2,170.00, with the average rent median estimated to be $880.00. The good news is that finding an affordable and desirable property to rent in Springfield, 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.

Springfield, AR Foreclosures


Market Trend for Springfield, AR

Total Listings Available: 9

Market Values:

Home Prices from $11,113 to $1,097,469

Average Sales Price: $150,433

Rental Values:

Rental from $580 to $2,170

Average Rent Value: $911 / month

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