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Home Value Estimator For Perla, AR

There are currently 59 real estate properties in Perla, AR, with a median automated valuation model (AVM) price of $110,600.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Perla, 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 Perla, AR, is $181,444.00, with the most expensive house in Perla, AR, topping out at $1,029,200.00 and the cheapest home in Perla, AR, clocking in at $8,254.00. In other words, there’s something for every potential homebuyer or savvy investor in Perla, AR!


Rent Prices In Perla, AR

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Perla, AR, is on a rollercoaster ride. The average rent price in Perla, AR, is $1,057.00. Indeed, when looking to rent in Perla, AR, you can expect to pay as little as $650.00 or as much as $2,690.00, with the average rent median estimated to be $930.00. The good news is that finding an affordable and desirable property to rent in Perla, 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 Perla, AR In 2024

Perla is located in Hot Spring, Arkansas, with an estimated municipal population of 247 residents. All of the best foreclosed homes for sale in Perla are located in the following zip code areas on Foreclosure.com: 72104. The estimated population per square kilometer (.62 miles) in Perla is 99.


Cost Of Living In Perla, AR

So, about how much do homes cost in Perla? The most recent median value of resident-owned homes in Perla is 67,658. An estimated 64.3 percent of households in Perla own their homes, with an average family size of 4.13. The median household income in Perla is 33,750, with7.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Perla, the median commute time of resident workers (in minutes) is 23.8. And last, but certainly not least, are you looking for homes to rent in Perla? If so, the average rent price paid by renters in Perla is 543, according to recent statistics.


Diversity And Demographics In Perla, 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 Perla, 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 Perla is 36.5, split between 50.9 percent male versus 49.1 female. The percentage of residents who report being married in Perla is 27, with an average family size of 4.13.

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

White 45.3%
Black / African American 49.8%
Asian 0%
American Indian / Alaskan Native 1.9%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 3%
Other 0%

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

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

Under 10 14.7%
Aged 10-19 17.4%
20s 10.6%
30s 10.6%
40s 9.5%
50s 18.1%
60s 15.5%
70s 1.9%
80+ 1.9%

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


Pros And Cons Of Living In Perla, Arkansas

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

  • 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 Perla.


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

Perla, AR As-is Deals


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