Foreclosure Homes in Cabot, AR

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View this home at Erving Ridge Loop Cabot AR 72023
$151,144 EMV
Erving Ridge Loop
Cabot, AR 72023
EST. RENT: $991
AUCTION: 06-24-2024
View this home at Cherry Rd Cabot AR 72023
$250,835 EMV
Cherry Rd
Cabot, AR 72023
EST. RENT: $1,520
AUCTION: 06-20-2024
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Cabot, AR Foreclosures

How much do homes sell for in Cabot, AR?
The average home price is currently $232,359.
In Cabot, AR, how many homes are available?
There are currently 11,841 active home listings available in Cabot.
What’s the average rental cost in Cabot, AR?
The average rental price in Cabot is $1,210.
What is the most expensive home in Cabot, Arkansas?
The most expensive home sold in Cabot had a price of $4,500,000.
What is currently the cheapest priced home in Cabot, AR?
The cheapest home for sale in Cabot is priced at $13,978.

Home Value Estimator For Cabot, AR

There are currently 11,841 real estate properties in Cabot, AR, with a median automated valuation model (AVM) price of $206,735.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Cabot, 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 Cabot, AR, is $232,359.00, with the most expensive house in Cabot, AR, topping out at $4,500,000.00 and the cheapest home in Cabot, AR, clocking in at $13,978.00. In other words, there’s something for every potential homebuyer or savvy investor in Cabot, AR!

Rent Prices In Cabot, AR

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Cabot, AR, is on a rollercoaster ride. The average rent price in Cabot, AR, is $1,210.00. Indeed, when looking to rent in Cabot, AR, you can expect to pay as little as $490.00 or as much as $2,820.00, with the average rent median estimated to be $1,140.00. The good news is that finding an affordable and desirable property to rent in Cabot, 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 Cabot, AR In 2024

Cabot is located in Lonoke, Arkansas, with an estimated municipal population of 26,352 residents. All of the best foreclosed homes for sale in Cabot are located in the following zip code areas on 72023. The estimated population per square kilometer (.62 miles) in Cabot is 490.

Cost Of Living In Cabot, AR

So, about how much do homes cost in Cabot? The most recent median value of resident-owned homes in Cabot is 153,344. An estimated 63.8 percent of households in Cabot own their homes, with an average family size of 3.18. The median household income in Cabot is 60,591, with23.5 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Cabot, the median commute time of resident workers (in minutes) is 26.5. And last, but certainly not least, are you looking for homes to rent in Cabot? If so, the average rent price paid by renters in Cabot is 865, according to recent statistics.

Diversity And Demographics In Cabot, 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 Cabot, 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 Cabot is 34.5, split between 49.3 percent male versus 50.7 female. The percentage of residents who report being married in Cabot is 53.1, with an average family size of 3.18.

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

White 90.6%
Black / African American 2.4%
Asian 1.4%
American Indian / Alaskan Native 0.3%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 3.4%
Other 1.9%

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

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

Under 10 14.1%
Aged 10-19 16.5%
20s 13.6%
30s 15.7%
40s 13%
50s 10.9%
60s 9.3%
70s 4.7%
80+ 2.1%

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

Pros And Cons Of Living In Cabot, Arkansas

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

  • 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 Cabot.

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

Cabot, AR Foreclosures


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