Living in Tull, AR
Located in the heart of Arkansas, Tull is a charming small town that offers a blend of rural tranquility and community spirit. With easy access to outdoor activities and essential amenities, it is ideal for families and individuals seeking a slower-paced lifestyle. Tull's welcoming atmosphere makes it a great place to call home.
Current Market Conditions in Tull, AR
The real estate market in Tull remains stable, characterized by an affordable pricing structure compared to larger cities in Arkansas. Homes in Tull are generally priced lower, attracting buyers looking for good value, particularly first-time homeowners and retirees.
Recent trends indicate a gradual increase in demand as more people seek out quieter living conditions away from urban areas. This trend bodes well for potential investors looking for rental opportunities or future resale.
Home sales have remained consistent, and the local market shows signs of resilience, with homes selling at competitive prices, often within weeks of listing.
Home Value Estimator For Tull, AR
There are currently 145 real estate properties
in Tull, AR,
with a median automated valuation model (AVM) price
of $136,324.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Tull, 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 Tull, AR,
is $150,685.00, with the most expensive house
in Tull, AR, topping out
at $649,448.00 and the cheapest home
in Tull, AR,
clocking in at $12,980.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Tull, AR!
Rent Prices
In Tull, AR
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Tull, AR, is on
a rollercoaster ride. The
average rent price in Tull, AR,
is $1,054.00. Indeed, when looking to rent in
Tull, AR, you can expect to pay as little
as $560.00 or as much
as $2,520.00,
with the average rent median estimated to
be $930.00. The good news is that finding
an affordable and desirable property to rent in Tull, 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.