Timbo, AR Foreclosures
How much do homes sell for in Timbo, AR?
The average home price is currently $178,990.
What’s the average rental cost in Timbo, AR?
The average rental price in Timbo is $935.
What is the most expensive home in Timbo?
The most expensive home sold in Timbo had a price of $744,637.
What is currently the cheapest priced home in Timbo, AR?
The cheapest home for sale in Timbo is priced at $12,649.
Living in Timbo, AR
Timbo, Arkansas, is a quaint and welcoming town nestled in the scenic Ozark Mountains. With a small population and a strong community spirit, it provides a peaceful atmosphere perfect for families and retirees. The surrounding natural beauty invites outdoor activities while local shops and eateries offer a taste of local culture.
Current Market Conditions in Timbo, AR
The real estate market in Timbo is relatively stable, with modest price ranges that make it attractive for first-time homebuyers and retirees. Compared to larger cities, home prices here are quite affordable, allowing buyers to enjoy larger plots of land and picturesque views.
In recent months, there has been a slight increase in demand for homes in the area, driven largely by individuals looking for a peaceful retreat from urban life. This trend may lead to gradual appreciation in property values as more people discover the charm of Timbo.
Home Value Estimator For Timbo, AR
There are currently 253 real estate properties
in Timbo, AR,
with a median automated valuation model (AVM) price
of $151,547.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Timbo, 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 Timbo, AR,
is $178,990.00, with the most expensive house
in Timbo, AR, topping out
at $744,637.00 and the cheapest home
in Timbo, AR,
clocking in at $12,649.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Timbo, AR!
Rent Prices
In Timbo, AR
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Timbo, AR, is on
a rollercoaster ride. The
average rent price in Timbo, AR,
is $935.00. Indeed, when looking to rent in
Timbo, AR, you can expect to pay as little
as $520.00 or as much
as $1,770.00,
with the average rent median estimated to
be $880.00. The good news is that finding
an affordable and desirable property to rent in Timbo, 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.