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Preforeclosure Homes in Marion, AR 72364

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Marion, AR Foreclosures

How much do homes sell for in Marion, AR?
The average home price is currently $230,944.
In Marion, AR, how many homes are available?
There are currently 16 active home listings available in Marion.
What’s the average rental cost in Marion, AR?
The average rental price in Marion is $1,082.
What is the most expensive home in Marion?
The most expensive home sold in Marion had a price of $2,492,404.
What is currently the cheapest priced home in Marion, AR?
The cheapest home for sale in Marion is priced at $8,427.

Living in Marion, AR

Marion, AR is an inviting community that combines suburban charm with accessibility to urban amenities in nearby Memphis. The city provides a variety of recreational activities and robust educational opportunities for families. With its friendly atmosphere and growing local economy, Marion is an appealing place to call home.

Current Market Conditions in Marion, AR

The real estate market in Marion has been steadily increasing, with a growing demand for single-family homes as more people seek affordable housing just outside of larger cities. The inventory has remained lower than average, leading to quicker sales and increased prices over the last few months.

Investors are drawn to Marion due to its proximity to Memphis and the ongoing development of local infrastructure that enhances property values. The market is becoming increasingly competitive, attracting both local buyers and those relocating for job opportunities in nearby metropolitan areas.

Home Value Estimator For Marion, AR

There are currently 4,979 real estate properties in Marion, AR, with a median automated valuation model (AVM) price of $224,154.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Marion, 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 Marion, AR, is $230,944.00, with the most expensive house in Marion, AR, topping out at $2,492,404.00 and the cheapest home in Marion, AR, clocking in at $8,427.00. In other words, there’s something for every potential homebuyer or savvy investor in Marion, AR!

Rent Prices In Marion, AR

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Marion, AR, is on a rollercoaster ride. The average rent price in Marion, AR, is $1,082.00. Indeed, when looking to rent in Marion, AR, you can expect to pay as little as $480.00 or as much as $2,500.00, with the average rent median estimated to be $1,020.00. The good news is that finding an affordable and desirable property to rent in Marion, 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.

Marion, AR 72364 Preforeclosure Homes

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