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Preforeclosure Homes in Magnolia, AR

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Magnolia, AR Foreclosures

How much do homes sell for in Magnolia, AR?
The average home price is currently $151,439.
In Magnolia, AR, how many homes are available?
There are currently 4 active home listings available in Magnolia.
What’s the average rental cost in Magnolia, AR?
The average rental price in Magnolia is $915.
What is the most expensive home in Magnolia?
The most expensive home sold in Magnolia had a price of $3,692,793.
What is currently the cheapest priced home in Magnolia, AR?
The cheapest home for sale in Magnolia is priced at $9,891.

Living in Magnolia, AR

Magnolia, Arkansas, is a charming city located in the southern part of the state, known for its rich cultural heritage and warm community atmosphere. With its beautiful parks, historic sites, and active downtown, Magnolia offers residents numerous recreational and social opportunities. The city is home to several educational institutions, friendly neighborhoods, and a variety of local businesses, making it an inviting place to live.

Current Market Conditions in Magnolia, AR

The real estate market in Magnolia is currently experiencing steady growth, with a mix of affordable homes and higher-end listings. The demand for properties has led to an increase in home values, yet the market remains accessible for first-time buyers due to relatively low prices compared to larger cities.

Magnolia is seeing a surge in interest from families and retirees alike, attracted by the city's amenities and community spirit. As more people discover the advantages of living in Magnolia, the market is expected to remain strong and continue to appreciate. The influence of Southern Arkansas University also brings potential renters and buyers seeking housing near the campus.

Home Value Estimator For Magnolia, AR

There are currently 5,652 real estate properties in Magnolia, AR, with a median automated valuation model (AVM) price of $111,574.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Magnolia, 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 Magnolia, AR, is $151,439.00, with the most expensive house in Magnolia, AR, topping out at $3,692,793.00 and the cheapest home in Magnolia, AR, clocking in at $9,891.00. In other words, there’s something for every potential homebuyer or savvy investor in Magnolia, AR!

Rent Prices In Magnolia, AR

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Magnolia, AR, is on a rollercoaster ride. The average rent price in Magnolia, AR, is $915.00. Indeed, when looking to rent in Magnolia, AR, you can expect to pay as little as $520.00 or as much as $1,880.00, with the average rent median estimated to be $850.00. The good news is that finding an affordable and desirable property to rent in Magnolia, 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.

Magnolia, AR Preforeclosure Homes


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