Living in Marmaduke, AR
Marmaduke, AR is a quaint town that offers a serene lifestyle with strong community ties. Residents have access to beautiful outdoor spaces and local amenities, making it an ideal location for families seeking a peaceful setting. The town’s rural charm and friendly neighborhoods emphasize a familial environment.
Current Market Conditions in Marmaduke, AR
Currently, the real estate market in Marmaduke is showing signs of slow growth, with steady demand for housing as more families seek the tranquility of rural living. Home prices have increased slightly, reflecting a desire for affordable, yet spacious homes in the area.
Investors can find opportunities in this market, as properties are still relatively affordable compared to neighboring towns. The consistent demand for rental properties indicates a potential for profitable investment returns in the near future.
Home Value Estimator For Marmaduke, AR
There are currently 514 real estate properties
in Marmaduke, AR,
with a median automated valuation model (AVM) price
of $114,639.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Marmaduke, 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 Marmaduke, AR,
is $146,736.00, with the most expensive house
in Marmaduke, AR, topping out
at $925,911.00 and the cheapest home
in Marmaduke, AR,
clocking in at $13,164.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Marmaduke, AR!
Rent Prices
In Marmaduke, AR
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Marmaduke, AR, is on
a rollercoaster ride. The
average rent price in Marmaduke, AR,
is $883.00. Indeed, when looking to rent in
Marmaduke, AR, you can expect to pay as little
as $570.00 or as much
as $1,900.00,
with the average rent median estimated to
be $840.00. The good news is that finding
an affordable and desirable property to rent in Marmaduke, 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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