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Preforeclosure Homes in Wilmot, AR

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Wilmot, AR Foreclosures

How much do homes sell for in Wilmot, AR?
The average home price is currently $110,397.
In Wilmot, AR, how many homes are available?
There are currently 52 active home listings available in Wilmot.
What’s the average rental cost in Wilmot, AR?
The average rental price in Wilmot is $853.
What is the most expensive home in Wilmot?
The most expensive home sold in Wilmot had a price of $1,370,500.
What is currently the cheapest priced home in Wilmot, AR?
The cheapest home for sale in Wilmot is priced at $5,364.

Living in Wilmot, AR

Wilmot, Arkansas is a quaint small town that offers a peaceful lifestyle surrounded by nature. Known for its tight-knit community and beautiful landscapes, Wilmot is suitable for families and retirees. Outdoor enthusiasts can enjoy various activities while enjoying the charm of a small-town atmosphere.

Current Market Conditions in Wilmot, AR

Wilmot's real estate market is characterized by a stable demand, with moderate price increases over the past few years. The small-town charm and affordability attract buyers looking for peaceful living. However, listings can be limited due to the town's size, which may lead to competitive bidding on well-priced homes.

The affordability of housing in Wilmot makes it an attractive location for first-time homebuyers and retirees. The market remains resilient, and with its low inventory levels, prices are expected to rise as more people discover the beauty and tranquility this area offers.

Home Value Estimator For Wilmot, AR

There are currently 241 real estate properties in Wilmot, AR, with a median automated valuation model (AVM) price of $67,619.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Wilmot, 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 Wilmot, AR, is $110,397.00, with the most expensive house in Wilmot, AR, topping out at $1,370,500.00 and the cheapest home in Wilmot, AR, clocking in at $5,364.00. In other words, there’s something for every potential homebuyer or savvy investor in Wilmot, AR!

Rent Prices In Wilmot, AR

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Wilmot, AR, is on a rollercoaster ride. The average rent price in Wilmot, AR, is $853.00. Indeed, when looking to rent in Wilmot, AR, you can expect to pay as little as $520.00 or as much as $1,740.00, with the average rent median estimated to be $800.00. The good news is that finding an affordable and desirable property to rent in Wilmot, 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.

Wilmot, AR Preforeclosure Homes


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