Magness, AR Foreclosures
How much do homes sell for in Magness, AR?
The average home price is currently $103,915.
In Magness, AR, how many homes are available?
There are currently 5 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 $376,147.
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, AR is a small, tight-knit community known for its beautiful natural surroundings. With various outdoor activities and a friendly atmosphere, it is an ideal location for families seeking tranquility. The town combines rural charm with a supportive local economy.
Current Market Conditions in Magness, AR
The real estate market in Magness, AR is currently stable, with homes primarily attracting families and retirees. Prices have remained consistent, indicating a healthy demand for affordable housing in the area, particularly as more individuals seek out rural living.
Recent trends show a modest appreciation in property values, as buyers are drawn to the area's natural beauty and community atmosphere. Interest in homes with larger lots has increased, reflecting a desire for space in more tranquil settings.
Home Value Estimator For Magness, AR
There are currently 45 real estate properties
in Magness, AR,
with a median automated valuation model (AVM) price
of $93,788.00. 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 $103,915.00, with the most expensive house
in Magness, AR, topping out
at $376,147.00 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.
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