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Foreclosure Homes in Manila, AR 72442

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Manila, AR Foreclosures

How much do homes sell for in Manila, AR?
The average home price is currently $169,914.
In Manila, AR, how many homes are available?
There are currently 13 active home listings available in Manila.
What’s the average rental cost in Manila, AR?
The average rental price in Manila is $932.
What is the most expensive home in Manila?
The most expensive home sold in Manila had a price of $1,099,253.
What is currently the cheapest priced home in Manila, AR?
The cheapest home for sale in Manila is priced at $18,439.

Living in Manila, AR

Manila, Arkansas, is a small, welcoming town known for its friendly community, excellent local schools, and beautiful natural surroundings. Residents enjoy a range of outdoor activities, thanks to nearby parks and rivers. With a range of local businesses and accessible amenities, Manila offers a comfortable lifestyle just off U.S. Highway 62.

Current Market Conditions in Manila, AR

Manila's real estate market is currently witnessing a stable trend with a steady demand for homes. The affordability of housing options in this area attracts first-time buyers and families. As of now, there are indications that home values are slightly rising as more people recognize the benefits of living in a close-knit community like Manila.

In recent months, the housing inventory has remained relatively low, which is contributing to a competitive market for buyers. Sellers are seeing a favorable environment with shorter listing times and multiple offers. Despite potential economic fluctuations, Manila's real estate market remains resilient as more individuals seek affordable housing options in rural areas.

Home Value Estimator For Manila, AR

There are currently 1,342 real estate properties in Manila, AR, with a median automated valuation model (AVM) price of $154,089.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Manila, 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 Manila, AR, is $169,914.00, with the most expensive house in Manila, AR, topping out at $1,099,253.00 and the cheapest home in Manila, AR, clocking in at $18,439.00. In other words, there’s something for every potential homebuyer or savvy investor in Manila, AR!

Rent Prices In Manila, AR

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Manila, AR, is on a rollercoaster ride. The average rent price in Manila, AR, is $932.00. Indeed, when looking to rent in Manila, AR, you can expect to pay as little as $550.00 or as much as $1,880.00, with the average rent median estimated to be $890.00. The good news is that finding an affordable and desirable property to rent in Manila, 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.

Manila, AR 72442 Foreclosures


Market Trend for Manila, AR

Total Listings Available: 13

Market Values:

Home Prices from $18,439 to $1,099,253

Average Sales Price: $169,914

Rental Values:

Rental from $550 to $1,880

Average Rent Value: $932 / month

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