Living in Greenway, AR
Greenway, AR is a charming small town that boasts a tight-knit community vibe with access to outdoor activities and local amenities. The town is characterized by its beautiful landscape and parks, making it ideal for families and retirees alike. With a commitment to education and a peaceful lifestyle, Greenway is an idyllic place to call home.
Current Market Conditions in Greenway, AR
The real estate market in Greenway, AR is currently stable with a slight upward trend in home prices. Homes are selling relatively quickly, indicating a strong demand for properties in the area. The interest in this small-town living is fueled by individuals seeking affordable housing options away from urban congestion, leading to an influx of new residents looking to escape the hustle and bustle of city life.
There is a mix of older homes dating back decades, alongside newer constructions that have been built in recent years. This variety allows buyers to choose from different styles and prices. The average home price has seen modest increases, with listings ranging from quaint starter homes to more spacious family residences.
Home Value Estimator For Greenway, AR
There are currently 176 real estate properties
in Greenway, AR,
with a median automated valuation model (AVM) price
of $77,395.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Greenway, 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 Greenway, AR,
is $130,369.00, with the most expensive house
in Greenway, AR, topping out
at $539,833.00 and the cheapest home
in Greenway, AR,
clocking in at $25,866.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Greenway, AR!
Rent Prices
In Greenway, AR
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Greenway, AR, is on
a rollercoaster ride. The
average rent price in Greenway, AR,
is $825.00. Indeed, when looking to rent in
Greenway, AR, you can expect to pay as little
as $520.00 or as much
as $1,760.00,
with the average rent median estimated to
be $760.00. The good news is that finding
an affordable and desirable property to rent in Greenway, 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.
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