Living in Marvell, AR
Marvell, AR, is a quaint small town boasting a strong community spirit and serene living. Perfect for families, it offers easy access to local amenities and outdoor activities. With its agricultural backdrop and peaceful environment, Marvell is an excellent choice for those looking for a quiet lifestyle.
Current Market Conditions in Marvell, AR
The real estate market in Marvell, AR, is currently stable, with a modest selection of homes available. Prices have remained reasonable, attracting first-time homebuyers and investors looking for affordable properties in a small-town setting. The market shows potential for growth as more people seek suburban living options.
Investors can find good opportunities in Marvell, especially for rental properties. The local economy shows resilience, and with the continued interest in small-town living, property values are expected to appreciate over time, making it a favorable location for long-term investments.
Home Value Estimator For Marvell, AR
There are currently 795 real estate properties
in Marvell, AR,
with a median automated valuation model (AVM) price
of $60,170.00. 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 $83,509.00, with the most expensive house
in Marvell, AR, topping out
at $1,069,800.00 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.
Learn more on Foreclosure homes
