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Rent To Own Homes in Altheimer, AR

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Home Value Estimator For Altheimer, AR

There are currently 307 real estate properties in Altheimer, AR, with a median automated valuation model (AVM) price of $82,987.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Altheimer, 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 Altheimer, AR, is $117,816.00, with the most expensive house in Altheimer, AR, topping out at $1,240,576.00 and the cheapest home in Altheimer, AR, clocking in at $15,630.00. In other words, there’s something for every potential homebuyer or savvy investor in Altheimer, AR!


Rent Prices In Altheimer, AR

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Altheimer, AR, is on a rollercoaster ride. The average rent price in Altheimer, AR, is $864.00. Indeed, when looking to rent in Altheimer, AR, you can expect to pay as little as $570.00 or as much as $2,210.00, with the average rent median estimated to be $790.00. The good news is that finding an affordable and desirable property to rent in Altheimer, 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 Altheimer, AR In 2024

Altheimer is located in Jefferson, Arkansas, with an estimated municipal population of 811 residents. All of the best foreclosed homes for sale in Altheimer are located in the following zip code areas on Foreclosure.com: 72004. The estimated population per square kilometer (.62 miles) in Altheimer is 152.


Cost Of Living In Altheimer, AR

So, about how much do homes cost in Altheimer? The most recent median value of resident-owned homes in Altheimer is 63,711. An estimated 81.1 percent of households in Altheimer own their homes, with an average family size of 3.09. The median household income in Altheimer is 26,953, with5.5 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Altheimer, the median commute time of resident workers (in minutes) is 27.2. And last, but certainly not least, are you looking for homes to rent in Altheimer? If so, the average rent price paid by renters in Altheimer is 550, according to recent statistics.


Diversity And Demographics In Altheimer, 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 Altheimer, 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 Altheimer is 47.9, split between 46 percent male versus 54 female. The percentage of residents who report being married in Altheimer is 43.9, with an average family size of 3.09.

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

White 8.3%
Black / African American 90.7%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0%
Other 1%

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

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

Under 10 8.1%
Aged 10-19 22.6%
20s 6.9%
30s 4.2%
40s 12.3%
50s 19.2%
60s 16.4%
70s 6.1%
80+ 4.1%

Best Schools In Altheimer, 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 Altheimer with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Altheimer.


Pros And Cons Of Living In Altheimer, Arkansas

How do you know that living in -- or moving to -- Altheimer is right where you need to be? Perhaps you grew up in Altheimer or already live nearby; therefore, the decision to buy a home in Altheimer is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Altheimer 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 Altheimer:

  • 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 Altheimer.


Reasons To Move To Altheimer, 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 Altheimer can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Altheimer, meanwhile, can field multiple offers from more qualified buyers.

Altheimer, AR Rent To Own Homes


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