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Condo Foreclosures in Summit, AR 72677

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Summit, AR Foreclosures

Current Market Conditions in in Summit, AR As of April 2026?
Over the past month, the housing market in Summit has remained competitive. Home prices have experienced a slight increase as demand continues to grow, fueled by a combination of low inventory and high buyer interest. The market remains strong, with new listings often receiving multiple offers. Overall, this trend points to a robust market with potential for continued appreciation.
How much do homes sell for in Summit, AR?
The average home price is currently $126,682.
What’s the average rental cost in Summit, AR?
The average rental price in Summit is $814.
What is the most expensive home in Summit?
The most expensive home sold in Summit had a price of $4,285,200.
What is currently the cheapest priced home in Summit, AR?
The cheapest home for sale in Summit is priced at $12,844.

Living in Summit, AR

Summit, Arkansas is a charming small town nestled in the scenic Ozark Mountains. It boasts a rich sense of community and offers an array of outdoor activities for nature enthusiasts. With local amenities and access to larger towns, it provides a comfortable rural lifestyle.

Buyer vs Seller Market in Summit, AR

The real estate market in Summit has shown gradual growth, with an increasing number of new listings entering the market. Buyers are drawn to the affordability of homes and the unique charm that the area provides. This has created a healthy level of competition among homebuyers, especially for well-maintained properties.

Investment opportunities are becoming more attractive, as both retirees and young families seek the peaceful lifestyle that Summit offers. As more people discover this hidden gem, property values are expected to continue a steady upward trend.

Home Value Estimator For Summit, AR

There are currently 218 real estate properties in Summit, AR, with a median automated valuation model (AVM) price of $73,416.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Summit, 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 Summit, AR, is $126,682.00, with the most expensive house in Summit, AR, topping out at $4,285,200.00 and the cheapest home in Summit, AR, clocking in at $12,844.00. In other words, there’s something for every potential homebuyer or savvy investor in Summit, AR!

Rent Prices In Summit, AR

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Summit, AR, is on a rollercoaster ride. The average rent price in Summit, AR, is $814.00. Indeed, when looking to rent in Summit, AR, you can expect to pay as little as $430.00 or as much as $2,220.00, with the average rent median estimated to be $760.00. The good news is that finding an affordable and desirable property to rent in Summit, 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.

Summit, AR 72677 Condos

Market Trend for Summit, AR

Total Listings Available: 0

Market Values:

Home Prices from $12,844 to $4,285,200

Average Sales Price: $126,682

Rental Values:

Rental from $430 to $2,220

Average Rent Value: $814 / month

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