Houses for Sale in Siloam Springs, AR: A Comprehensive Guide
Are you looking to buy a house in Siloam Springs, AR? This charming city, nestled in the Ozark Mountains, offers a unique blend of natural beauty, community spirit, and affordable housing options. Whether you’re a first-time homebuyer or a seasoned real estate investor, this guide will provide you with all the information you need to make an informed decision.
Location and Climate
Siloam Springs is located in Benton County, Arkansas, and is approximately 40 miles north of Fayetteville and 50 miles west of Springdale. The city boasts a population of around 15,000 residents, making it a small, tight-knit community. Siloam Springs enjoys a moderate climate with four distinct seasons, with temperatures ranging from the low 20s in winter to the mid-90s in summer.
Real Estate Market Overview
The real estate market in Siloam Springs is diverse, offering a variety of housing options to suit different tastes and budgets. According to data from the Arkansas Realtors Association, the median home price in Siloam Springs is around $200,000, which is significantly lower than the national average. This affordability, combined with the city’s amenities and natural beauty, makes it an attractive destination for homebuyers.
Types of Houses Available
When searching for houses for sale in Siloam Springs, AR, you’ll find a variety of home styles, including:
- Single-family homes: These are the most common type of housing in Siloam Springs, offering privacy and space for families.
- Townhouses: For those who prefer a more maintenance-free lifestyle, townhouses provide a great alternative to single-family homes.
- Condos: Condos are an excellent option for those who want to live in the heart of the city without the responsibility of maintaining a large property.
- Mobile homes: Siloam Springs also has a selection of mobile homes, which can be a more affordable option for those on a budget.
Neighborhoods to Consider
Siloam Springs has several neighborhoods to choose from, each with its own unique charm and amenities:
- Old Town Siloam Springs: This historic district is known for its quaint shops, restaurants, and beautiful architecture. It’s a great place for those who enjoy a vibrant community atmosphere.
- Mountain View: Located on the outskirts of the city, this neighborhood offers a more rural setting with larger lots and a peaceful environment.
- Springfield Heights: This family-friendly neighborhood features a variety of homes, including new construction and older homes with character.
- Highland Park: Situated near the city’s golf course, this neighborhood offers a mix of older homes and newer construction, with easy access to local amenities.
Amenities and Activities
Siloam Springs is home to a variety of amenities and activities that make it an enjoyable place to live:
- Recreation: The city has several parks, including the Siloam Springs Park, which features a swimming pool, playground, and picnic areas. The nearby Lake Siloam offers opportunities for fishing, boating, and water sports.
- Shopping: Siloam Springs has a variety of shopping options, including the Siloam Springs Mall, which features a wide range of stores and restaurants.
- Education: The city is served by the Siloam Springs School District, which includes several highly-rated schools.
- Religious institutions: Siloam Springs has a strong religious community, with numerous churches and religious organizations.
Cost of Living
The cost of living in Siloam Springs is relatively low compared to other cities in the United States. According to data from the Council for Community and Economic Research, the cost of living index in Siloam Springs is 89.5, which is below the national average of 100. This means that you can enjoy a higher standard of living for less money.
Conclusion
When you’re searching for houses for sale in Siloam Springs, AR, you’ll find a city that offers a perfect blend of natural beauty, community spirit, and affordable housing. With its diverse real estate market, numerous amenities, and low cost of living