Forrest City, AR Home Values & Market Trends

Real estate market trends reflect that there have been 59 transactions over the past year in Forrest City. The median value for residential home transactions that occurred over the previous year is $91,040.3. The number of current listings in Forrest City is 29, and the percentage of properties for sale in the city is 29.00%. Forrest City, AR currently has 4 properties in foreclosure, 1 bank owned properties, 3 properties headed for auction, and 29 properties for sale.

Forrest City, AR Real Estate Market Overview

ZipMedian Est. Value
72335

$ 142,774

$ 74/sqft

Housing Market Summary for Forrest City, AR

Apr 2023March 2024Change
Median Listing Price$110K$108.9K-0.98%
Median Sold Price$65,659$108.9K65.90%
Homes For Sale926188.89%
Homes Sold5635-37.50%
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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 Forrest City, AR

Forrest City home values range from $5,545 to $4,077,009. The median estimated value of a home in Forrest City is $91,040.3. The median list price of a home is 135,000, and the total count of properties in the city is 5,130.

Foreclosure
There is 1 zips within Forrest City, AR; within this zips, the median estimated home value for homes in foreclosure ranges from $275,000 in 72335 to the lowest value of $47,683 in 72335. Foreclosure homes account for 0.00% of properties in Forrest City, AR with 72335 containing 4 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Forrest City, 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 Forrest City, 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 Forrest City, AR ranges from the highest value of $145,065 in 72335 to the lowest value of $145,065 in 72335. Bank owned homes and properties account for 0.02% of properties in Forrest City, AR. There is 1 zips within Forrest City, AR; 72335 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    72335 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Forrest City, AR. Auction homes and other auction properties account for 0.06% of all properties in Forrest City, AR. There is 1 zips within Forrest City, AR; of that zips, the median estimated home value for homes going to auction ranges from $275,000 in 72335 to the lowest value of $47,683 in 72335.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.57% of residential properties in Forrest City, AR with 72335 containing 29 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Forrest City, AR; homes for sale in that zips, have a range of median values from $990,000 in 72335 to the lowest value of $32,457 in 72335.
    Sold Homes
    The median value for recently sold homes ranges from $674,455 in 72335 to the lowest price of $34,180 in 72335. There is 1 zips within Forrest City, AR. 72335 has 36 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 0.70% of properties in Forrest City, AR.

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      Guide for Forrest City, 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 Forrest City, AR

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