Elaine, AR

Real estate in Elaine, Arkansas is a hot commodity. With a population of just over 2,000 people, Elaine has seen an influx of new residents in recent years. This has led to an increase in the demand for housing and real estate.

Elaine is located in Pulaski County, which is one of the most populous counties in Arkansas. The county has a population of over 1 million people and is home to several major cities, including Little Rock and Fort Smith. Elaine is situated close to these larger cities and has access to many amenities that they offer.

The median price of homes sold in Elaine during the first quarter of 2018 was $129,900. This represents an increase from the median price of $119,500 during the same period last year. The average size of homes sold during this period was also larger than it was last year – at 2,827 square feet compared to 2,547 square feet.

There are several reasons why real estate prices have increased in Elaine over the past year or so. First and foremost, there are more people moving into the area due to its proximity to major cities and its many amenities. Additionally, Elaine has seen strong growth both economically and demographically – meaning that there are more jobs available than ever before and more people looking for homes to purchase. Finally, homebuyers have become increasingly confident about their ability to get a good deal on property – thanks largely to low interest rates and stable economic conditions overall