There are currently 1,575 real estate properties in Star City, AR, with a median automated valuation model (AVM) price of $125,706.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Star City, 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 Star City, AR, is $148,841.00, with the most expensive house in Star City, AR, topping out at $1,210,300.00 and the cheapest home in Star City, AR, clocking in at $12,844.00. In other words, there’s something for every potential homebuyer or savvy investor in Star City, AR!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Star City, AR, is on a rollercoaster ride. The average rent price in Star City, AR, is $914.00. Indeed, when looking to rent in Star City, AR, you can expect to pay as little as $540.00 or as much as $2,020.00, with the average rent median estimated to be $840.00. The good news is that finding an affordable and desirable property to rent in Star City, 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.
Star City is located in Lincoln, Arkansas, with an estimated municipal population of 2,030 residents. All of the best foreclosed homes for sale in Star City are located in the following zip code areas on Foreclosure.com: 71667. The estimated population per square kilometer (.62 miles) in Star City is 163.
So, about how much do homes cost in Star City? The most recent median value of resident-owned homes in Star City is 80,203. An estimated 79.2 percent of households in Star City own their homes, with an average family size of 2.76. The median household income in Star City is 41,371, with16.4 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Star City, the median commute time of resident workers (in minutes) is 18.1. And last, but certainly not least, are you looking for homes to rent in Star City? If so, the average rent price paid by renters in Star City is 700, according to recent statistics.
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 Star City, 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 Star City is 47.5, split between 41.1 percent male versus 58.9 female. The percentage of residents who report being married in Star City is 57.7, with an average family size of 2.76.
The percentage of residents who report their race in Star City is as follows:
|Black / African American
|American Indian / Alaskan Native
|Native Hawaiian / Other Pacifc Islander
Looking for family-friendly neighborhoods in and/or near Star City? Or maybe you are searching for 55+ active adult communities in and/or near Star City?
The percentage of residents who report their age in Star City is as follows:
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 Star City with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Star City.
How do you know that living in -- or moving to -- Star City is right where you need to be? Perhaps you grew up in Star City or already live nearby; therefore, the decision to buy a home in Star City is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Star City 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 Star City:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Star City.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Star City can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Star City, meanwhile, can field multiple offers from more qualified buyers.
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