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Cheap Homes in Wilmar, AR

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Wilmar, AR Foreclosures

How much do homes sell for in Wilmar, AR?
The average home price is currently $141,326.
In Wilmar, AR, how many homes are available?
There are currently 1 active home listings available in Wilmar.
What’s the average rental cost in Wilmar, AR?
The average rental price in Wilmar is $887.
What is the most expensive home in Wilmar?
The most expensive home sold in Wilmar had a price of $730,542.
What is currently the cheapest priced home in Wilmar, AR?
The cheapest home for sale in Wilmar is priced at $9,701.

Living in Wilmar, AR

Wilmar, Arkansas is a quaint community located in Drew County, known for its charming small-town atmosphere and close-knit community. With a rural setting surrounded by picturesque landscapes, it offers a peaceful lifestyle just a short drive from larger cities. Residents enjoy outdoor activities, local amenities, and a family-friendly environment.

Current Market Conditions in Wilmar, AR

The real estate market in Wilmar has been relatively stable in recent months, with demand for single-family homes slowly increasing as more individuals seek out peaceful living environments away from busy urban areas. Home prices have shown gradual growth and there are still affordable options available for first-time buyers.

Investors are beginning to take notice of Wilmar's potential, given its charm and the potential for property value appreciation as more people move to rural areas post-pandemic.

Home Value Estimator For Wilmar, AR

There are currently 637 real estate properties in Wilmar, AR, with a median automated valuation model (AVM) price of $110,060.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Wilmar, 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 Wilmar, AR, is $141,326.00, with the most expensive house in Wilmar, AR, topping out at $730,542.00 and the cheapest home in Wilmar, AR, clocking in at $9,701.00. In other words, there’s something for every potential homebuyer or savvy investor in Wilmar, AR!

Rent Prices In Wilmar, AR

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Wilmar, AR, is on a rollercoaster ride. The average rent price in Wilmar, AR, is $887.00. Indeed, when looking to rent in Wilmar, AR, you can expect to pay as little as $530.00 or as much as $1,860.00, with the average rent median estimated to be $840.00. The good news is that finding an affordable and desirable property to rent in Wilmar, 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.

Cheap Homes in Wilmar, AR


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