Alpena, AR Home Values & Market Trends

Real estate market trends reflect that there have been 4 transactions over the past year in Alpena. The median value for residential home transactions that occurred over the previous year is $116,724.5. The number of current listings in Alpena is 5, and the percentage of properties for sale in the city is 5.00%. Alpena, AR currently has 2 properties in foreclosure, 1 bank owned properties, 1 properties headed for auction, and 5 properties for sale.

Alpena, AR Real Estate Market Overview

ZipMedian Est. Value
72611

$ 137,500

$ 83/sqft

Housing Market Summary for Alpena, AR

Apr 2023March 2024Change
Median Listing Price$112.4K$208.7K85.63%
Median Sold Price$110K$208.7K89.68%
Homes For Sale25150.00%
Homes Sold73-57.14%
Price
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Alpena, AR

Alpena home values range from $26,302 to $1,275,021. The median estimated value of a home in Alpena is $116,724.5. The median list price of a home is 189,000, and the total count of properties in the city is 590.

Foreclosure
There is 1 zips within Alpena, AR; within this zips, the median estimated home value for homes in foreclosure ranges from $235,359 in 72611 to the lowest value of $235,359 in 72611. Foreclosure homes account for 0.00% of properties in Alpena, AR with 72611 containing 2 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Alpena, AR with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Alpena, AR; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Alpena, AR ranges from the highest value of $235,359 in 72611 to the lowest value of $235,359 in 72611. Bank owned homes and properties account for 0.17% of properties in Alpena, AR. There is 1 zips within Alpena, AR; 72611 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    72611 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Alpena, AR. Auction homes and other auction properties account for 0.17% of all properties in Alpena, AR. There is 1 zips within Alpena, AR; of that zips, the median estimated home value for homes going to auction ranges from $0 in 72611 to the lowest value of $0 in 72611.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.85% of residential properties in Alpena, AR with 72611 containing 5 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Alpena, AR; homes for sale in that zips, have a range of median values from $305,489 in 72611 to the lowest value of $81,479 in 72611.
    Sold Homes
    The median value for recently sold homes ranges from $365,000 in 72611 to the lowest price of $76,694 in 72611. There is 1 zips within Alpena, AR. 72611 has 3 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 0.51% of properties in Alpena, AR.

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      Guide for Alpena, AR

      Market Reports
      Little Rock Real Estate: Climbing Property Values and Investment Potential – Market Report April 2024
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      Financing Guides
      How To Protect Your Credit Score After Foreclosure
      Market Reports
      Augusta, ME Property Values Soar to $342K Amid Dipping Sales Volume
      See More Articles
      Little Rock Real Estate: Climbing Property Values and Investment Potential – Market Report April 2024
      Market Reports|posted 8 April 2024

      The Little Rock real estate market has shown growth in average property values and prices per square foot between April 2023 and March 2024, indicating an investment-friendly environment.

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      How To Protect Your Credit Score After Foreclosure
      Financing Guides|posted 24 April 2024

      Learn effective strategies to safeguard your credit score after experiencing a foreclosure.

      Augusta, ME Property Values Soar to $342K Amid Dipping Sales Volume
      Market Reports|posted 24 April 2024

      The Augusta, Maine real estate market has seen considerable growth in property values and price per square foot, despite a decrease in sales. Comparisons with neighboring cities suggest diverse market conditions.

      Recently Listed Homes Alpena, AR

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