Living in Wickes, AR
Wickes, Arkansas is a charming small town that boasts a close-knit community and peaceful rural setting. With access to nature and nearby larger cities, it offers a unique blend of tranquility and convenience for residents. Ideal for families and retirees alike, Wickes provides a welcoming environment away from the hustle and bustle of urban areas.
Current Market Conditions in Wickes, AR
The real estate market in Wickes is currently characterized by affordable housing prices and a limited inventory of available homes. This small town offers a mix of older homes and some new constructions, catering to various tastes and budgets. Mortgage rates remaining historically low have stimulated interest in home buying, but the supply remains tight given the town's size.
In recent months, more individuals and families have begun exploring the idea of relocating to more rural areas like Wickes, drawn by the search for affordability and space. However, as more buyers enter the market, we may see increased competition for homes, potentially driving prices up slightly in the coming months.
Home Value Estimator For Wickes, AR
There are currently 287 real estate properties
in Wickes, AR,
with a median automated valuation model (AVM) price
of $96,416.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Wickes, 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 Wickes, AR,
is $145,154.00, with the most expensive house
in Wickes, AR, topping out
at $2,090,900.00 and the cheapest home
in Wickes, AR,
clocking in at $17,712.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Wickes, AR!
Rent Prices
In Wickes, AR
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Wickes, AR, is on
a rollercoaster ride. The
average rent price in Wickes, AR,
is $855.00. Indeed, when looking to rent in
Wickes, AR, you can expect to pay as little
as $520.00 or as much
as $1,760.00,
with the average rent median estimated to
be $810.00. The good news is that finding
an affordable and desirable property to rent in Wickes, 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.
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