Magness, AR Foreclosures
How much do homes sell for in Magness, AR?
The average home price is currently $105,481.
In Magness, AR, how many homes are available?
There are currently 81 active home listings available in Magness.
What’s the average rental cost in Magness, AR?
The average rental price in Magness is $792.
What is the most expensive home in Magness?
The most expensive home sold in Magness had a price of $407,273.
What is currently the cheapest priced home in Magness, AR?
The cheapest home for sale in Magness is priced at $40,520.
Living in Magness, AR
Magness, Arkansas, offers a charming small-town lifestyle with a strong sense of community. Surrounded by natural beauty, residents can enjoy outdoor activities while being close to larger cities for additional amenities. The area is perfect for families and retirees alike seeking peace and tranquility.
Current Market Conditions in Magness, AR
The real estate market in Magness is currently stable with a moderate level of activity, particularly in the lower price range. Homes in the area are generally affordable, attracting first-time buyers and investors interested in rental properties.
There is a growing demand for housing in rural areas, which has led to an increase in property values over the past few years. Though growth is steady, it remains reasonable, ensuring that buyers can still find value in their investments.
Home Value Estimator For Magness, AR
There are currently 40 real estate properties
in Magness, AR,
with a median automated valuation model (AVM) price
of $86,058.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Magness, 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 Magness, AR,
is $105,481.00, with the most expensive house
in Magness, AR, topping out
at $407,273.00 and the cheapest home
in Magness, AR,
clocking in at $40,520.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Magness, AR!
Rent Prices
In Magness, AR
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Magness, AR, is on
a rollercoaster ride. The
average rent price in Magness, AR,
is $792.00. Indeed, when looking to rent in
Magness, AR, you can expect to pay as little
as $520.00 or as much
as $1,580.00,
with the average rent median estimated to
be $740.00. The good news is that finding
an affordable and desirable property to rent in Magness, 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.