Mc Rae, AR Home Values & Market Trends

Real estate market trends reflect that there have been 16 transactions over the past year in Mc Rae. The median value for residential home transactions that occurred over the previous year is $102,014.93. The number of current listings in Mc Rae is 3, and the percentage of properties for sale in the city is 3.00%. Mc Rae, AR currently has 2 properties in foreclosure, 2 bank owned properties, 0 properties headed for auction, and 3 properties for sale.

Mc Rae, AR Real Estate Market Overview

ZipMedian Est. Value
72102

$ 65,000

$ 61/sqft

Housing Market Summary for Mc Rae, AR

Apr 2023March 2024Change
Median Listing Price$115K$186.8K62.39%
Median Sold Price$136K$186.8K37.32%
Homes For Sale31-66.67%
Homes Sold1311-15.38%
Price
$/Sqft
Homes For Sale
0
0

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%.

0
0

Browse Homes in Mc Rae, AR

Mc Rae home values range from $21,763 to $927,109. The median estimated value of a home in Mc Rae is $102,014.93. The median list price of a home is 75,000, and the total count of properties in the city is 1,157.

Foreclosure
There is 1 zips within Mc Rae, AR; within this zips, the median estimated home value for homes in foreclosure ranges from $98,203 in 72102 to the lowest value of $84,433 in 72102. Foreclosure homes account for 0.00% of properties in Mc Rae, AR with 72102 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 Mc Rae, 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 Mc Rae, 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 Mc Rae, AR ranges from the highest value of $98,203 in 72102 to the lowest value of $84,433 in 72102. Bank owned homes and properties account for 0.17% of properties in Mc Rae, AR. There is 1 zips within Mc Rae, AR; 72102 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Mc Rae, AR. Auction homes and other auction properties account for 0% of all properties in Mc Rae, AR. There is 1 zips within Mc Rae, AR; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.26% of residential properties in Mc Rae, AR with 72102 containing 3 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Mc Rae, AR; homes for sale in that zips, have a range of median values from $89,968 in 72102 to the lowest value of $48,000 in 72102.
    Sold Homes
    The median value for recently sold homes ranges from $440,420 in 72102 to the lowest price of $56,085 in 72102. There is 1 zips within Mc Rae, AR. 72102 has 9 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 0.78% of properties in Mc Rae, AR.

      Compare Nearby Cities

      Price
      $/Sqft
      Homes For Sale
      0
      0
      Mc Rae, AR
      $
      $

      Guide for Mc Rae, AR

      Market Reports
      Little Rock Real Estate: Climbing Property Values and Investment Potential – Market Report April 2024
      Market Reports
      Knoxville Real Estate Market Report, April 2024
      Market Reports
      Rising Real Estate: Biloxi Property Value Appreciates Amidst Market Fluctuations
      A new house being built
      Investment Financing
      What Type of Loan Is Best for First-Time Home Buyers?
      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.

      Knoxville Real Estate Market Report, April 2024
      Market Reports|posted 9 April 2024

      The Knoxville real estate market is seeing fluctuations in property prices, with the average value at $399,900 as of March 2024.

      Rising Real Estate: Biloxi Property Value Appreciates Amidst Market Fluctuations
      Market Reports|posted 9 April 2024

      Biloxi’s real estate market shows dynamic growth and consumer confidence, with property values rising from $271,000 to $290,000 within a year, despite some price fluctuations.

      A new house being built
      What Type of Loan Is Best for First-Time Home Buyers?
      Investment Financing|posted 9 April 2024

      Buying a new home is an important milestone for many. But how do you make sure you pick the right mortgage?

      Recently Listed Homes Mc Rae, AR

      No data to show