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 has a humid subtropical climate, with hot summers and mild winters, making it an ideal place to live year-round.
Real Estate Market Overview
The real estate market in Siloam Springs has been steadily growing over the past few years. According to data from the Arkansas Realtors Association, the median sales price for a home in Siloam Springs was $200,000 in 2021, up from $180,000 in 2019. This indicates a healthy real estate market with potential for growth.
Here’s a breakdown of the types of homes available in Siloam Springs:
| Home Type | Number of Homes | Median Sales Price |
|---|---|---|
| Single-Family Homes | 80% | $200,000 |
| Townhouses | 10% | $150,000 |
| Condos | 5% | $120,000 |
| Mobile Homes | 5% | $80,000 |
Neighborhoods
Siloam Springs has several neighborhoods to choose from, each with its own unique charm and amenities. Here are some of the most popular neighborhoods:
- Old Town Siloam Springs: This historic district is known for its quaint shops, restaurants, and beautiful architecture. It’s a great place to live if you enjoy a vibrant community atmosphere.
- Mountain View: Located on the outskirts of Siloam Springs, this neighborhood offers larger homes and more space. It’s perfect for families looking for a quieter lifestyle.
- Springfield Heights: This neighborhood is known for its well-maintained homes and beautiful landscaping. It’s a great place to live if you’re looking for a peaceful, suburban setting.
- Highland Park: This neighborhood is home to some of the most expensive homes in Siloam Springs. It’s a great place to live if you’re looking for luxury living with all the amenities.
Amenities and Activities
Siloam Springs offers a variety of amenities and activities for residents of all ages. Here are some of the highlights:
- Parks and Recreation: The city has several parks, including Siloam Springs Park, which features a swimming pool, playground, and picnic areas. The city also offers a variety of recreational programs, including sports leagues, art classes, and fitness classes.
- Schools: Siloam Springs has a highly-rated school district, with several elementary, middle, and high schools. The city is also home to the University of Arkansas at Fort Smith, which offers a variety of degree programs.
- Shopping and Dining: Siloam Springs has a variety of shopping options, including local boutiques, national retailers, and a weekly farmers’ market. The city also has a variety of dining options, from casual eateries to fine dining restaurants.
- Outdoor Activities: The Ozark Mountains offer endless opportunities for outdoor enthusiasts, including hiking, biking, fishing, and camping.
Conclusion
Buying a house in Siloam Springs, AR, can be a rewarding experience. With its charming neighborhoods, affordable
