Marvell, AR Foreclosures
How much do homes sell for in Marvell, AR?
The average home price is currently $86,988.
In Marvell, AR, how many homes are available?
There are currently 2 active home listings available in Marvell.
What’s the average rental cost in Marvell, AR?
The average rental price in Marvell is $798.
What is the most expensive home in Marvell?
The most expensive home sold in Marvell had a price of $1,078,400.
What is currently the cheapest priced home in Marvell, AR?
The cheapest home for sale in Marvell is priced at $1,097.
Living in Marvell, AR
Marvell is a small, welcoming town in Arkansas that offers a tight-knit community feel paired with rich local history. Known for its beautiful landscapes and friendly atmosphere, Marvell provides residents with a peaceful living environment that is perfect for families and individuals alike. Residents enjoy easy access to local amenities, outdoor activities, and the neighboring natural wonders of the Arkansas Delta.
Current Market Conditions in Marvell, AR
Currently, the real estate market in Marvell, AR, shows a stable trend with a slight increase in home values due to demand for affordable housing. The community's charm and rural setting appeal to families and retirees alike, contributing to steady sales and an increasing interest in the area.
The market is characterized by a mix of older and newer homes, with buyers finding good value in the existing inventory. Recent developments may encourage further investment, as there is a growing trend of individuals moving in looking for more space and a lower cost of living.
Overall, Marvell remains an attractive option for first-time homebuyers and those looking for a quieter place to live. The affordability of homes compared to national averages makes it competitive, especially for buyers coming from more expensive urban markets.
Home Value Estimator For Marvell, AR
There are currently 865 real estate properties
in Marvell, AR,
with a median automated valuation model (AVM) price
of $62,727.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Marvell, 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 Marvell, AR,
is $86,988.00, with the most expensive house
in Marvell, AR, topping out
at $1,078,400.00 and the cheapest home
in Marvell, AR,
clocking in at $1,097.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Marvell, AR!
Rent Prices
In Marvell, AR
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Marvell, AR, is on
a rollercoaster ride. The
average rent price in Marvell, AR,
is $798.00. Indeed, when looking to rent in
Marvell, AR, you can expect to pay as little
as $520.00 or as much
as $1,640.00,
with the average rent median estimated to
be $750.00. The good news is that finding
an affordable and desirable property to rent in Marvell, 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.