Living in Winchester, AR
Winchester, Arkansas is a peaceful small town known for its friendly community and beautiful rural surroundings. It's a great place for outdoor enthusiasts and those who appreciate a quieter lifestyle. The town's proximity to larger urban centers enhances its charm, making it a convenient location to call home.
Current Market Conditions in Winchester, AR
The real estate market in Winchester has seen a modest growth over the past few years, with a steady increase in home values. The demand for affordable housing has driven interest from families and retirees alike, contributing to a stable market. Average days on the market are decreasing as more buyers become interested in this serene area.
Currently, the market is considered favorable for sellers, especially those with well-maintained homes, as buyers are drawn to the lower prices compared to nearby urban areas.
Home Value Estimator For Winchester, AR
There are currently 62 real estate properties
in Winchester, AR,
with a median automated valuation model (AVM) price
of $76,361.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Winchester, 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 Winchester, AR,
is $94,834.00, with the most expensive house
in Winchester, AR, topping out
at $352,214.00 and the cheapest home
in Winchester, AR,
clocking in at $10,220.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Winchester, AR!
Rent Prices
In Winchester, AR
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Winchester, AR, is on
a rollercoaster ride. The
average rent price in Winchester, AR,
is $817.00. Indeed, when looking to rent in
Winchester, AR, you can expect to pay as little
as $530.00 or as much
as $1,660.00,
with the average rent median estimated to
be $740.00. The good news is that finding
an affordable and desirable property to rent in Winchester, 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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