There are currently 10,524 real estate properties in Paragould, AR, with a median automated valuation model (AVM) price of $154,080.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Paragould, 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 Paragould, AR, is $186,331.00, with the most expensive house in Paragould, AR, topping out at $99,819,600.00 and the cheapest home in Paragould, AR, clocking in at $3,005.00. In other words, there’s something for every potential homebuyer or savvy investor in Paragould, AR!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Paragould, AR, is on a rollercoaster ride. The average rent price in Paragould, AR, is $980.00. Indeed, when looking to rent in Paragould, AR, you can expect to pay as little as $460.00 or as much as $1,960.00, with the average rent median estimated to be $930.00. The good news is that finding an affordable and desirable property to rent in Paragould, 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.
Paragould is located in Greene, Arkansas, with an estimated municipal population of 28,986 residents. All of the best foreclosed homes for sale in Paragould are located in the following zip code areas on Foreclosure.com: 72450 72451. The estimated population per square kilometer (.62 miles) in Paragould is 351.
So, about how much do homes cost in Paragould? The most recent median value of resident-owned homes in Paragould is 126,829. An estimated 59.8 percent of households in Paragould own their homes, with an average family size of 3.08. The median household income in Paragould is 45,841, with15.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Paragould, the median commute time of resident workers (in minutes) is 19. And last, but certainly not least, are you looking for homes to rent in Paragould? If so, the average rent price paid by renters in Paragould is 716, 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 Paragould, 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 Paragould is 35.5, split between 48.5 percent male versus 51.5 female. The percentage of residents who report being married in Paragould is 50.7, with an average family size of 3.08.
The percentage of residents who report their race in Paragould is as follows:
| White | 93% |
| Black / African American | 2.9% |
| Asian | 0.5% |
| American Indian / Alaskan Native | 0.3% |
| Native Hawaiian / Other Pacifc Islander | 0.1% |
| Multi-racial | 2.1% |
| Other | 1.1% |
Looking for family-friendly neighborhoods in and/or near Paragould? Or maybe you are searching for 55+ active adult communities in and/or near Paragould?
The percentage of residents who report their age in Paragould is as follows:
| Under 10 | 15.3% |
| Aged 10-19 | 12.4% |
| 20s | 14.8% |
| 30s | 13.8% |
| 40s | 11.9% |
| 50s | 12.5% |
| 60s | 10.3% |
| 70s | 5.7% |
| 80+ | 3.3% |
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 Paragould with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Paragould.
How do you know that living in -- or moving to -- Paragould is right where you need to be? Perhaps you grew up in Paragould or already live nearby; therefore, the decision to buy a home in Paragould is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Paragould 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 Paragould:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Paragould.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Paragould can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Paragould, meanwhile, can field multiple offers from more qualified buyers.
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