Bankruptcy Homes in Kensett, AR

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Home Value Estimator For Kensett, AR

There are currently 438 real estate properties in Kensett, AR, with a median automated valuation model (AVM) price of $72,071.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Kensett, 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 Kensett, AR, is $86,829.00, with the most expensive house in Kensett, AR, topping out at $331,875.00 and the cheapest home in Kensett, AR, clocking in at $20,790.00. In other words, there’s something for every potential homebuyer or savvy investor in Kensett, AR!

Rent Prices In Kensett, AR

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Kensett, AR, is on a rollercoaster ride. The average rent price in Kensett, AR, is $984.00. Indeed, when looking to rent in Kensett, AR, you can expect to pay as little as $500.00 or as much as $1,670.00, with the average rent median estimated to be $950.00. The good news is that finding an affordable and desirable property to rent in Kensett, 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.

Top Reasons To Live In Kensett, AR In 2024

Kensett is located in White, Arkansas, with an estimated municipal population of 1,617 residents. All of the best foreclosed homes for sale in Kensett are located in the following zip code areas on 72082. The estimated population per square kilometer (.62 miles) in Kensett is 341.

Cost Of Living In Kensett, AR

So, about how much do homes cost in Kensett? The most recent median value of resident-owned homes in Kensett is 58,586. An estimated 54 percent of households in Kensett own their homes, with an average family size of 3.2. The median household income in Kensett is 23,992, with4.6 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Kensett, the median commute time of resident workers (in minutes) is 14.5. And last, but certainly not least, are you looking for homes to rent in Kensett? If so, the average rent price paid by renters in Kensett is 554, according to recent statistics.

Diversity And Demographics In Kensett, Arkansas

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Kensett, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Kensett is 37.6, split between 45.8 percent male versus 54.2 female. The percentage of residents who report being married in Kensett is 32.5, with an average family size of 3.2.

The percentage of residents who report their race in Kensett is as follows:

White 75.3%
Black / African American 20.9%
Asian 0%
American Indian / Alaskan Native 0.3%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 3.3%
Other 0.2%

Looking for family-friendly neighborhoods in and/or near Kensett? Or maybe you are searching for 55+ active adult communities in and/or near Kensett?

The percentage of residents who report their age in Kensett is as follows:

Under 10 10.9%
Aged 10-19 16.7%
20s 10.1%
30s 17.1%
40s 10.4%
50s 9%
60s 14%
70s 9.5%
80+ 2.5%

Best Schools In Kensett, Arkansas

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Kensett with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Kensett.

Pros And Cons Of Living In Kensett, Arkansas

How do you know that living in -- or moving to -- Kensett is right where you need to be? Perhaps you grew up in Kensett or already live nearby; therefore, the decision to buy a home in Kensett is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Kensett for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Kensett:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Kensett.

Reasons To Move To Kensett, Arkansas, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Kensett can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Kensett, meanwhile, can field multiple offers from more qualified buyers.

Kensett, AR Bankruptcy Homes


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