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Foreclosure Homes in Mcgehee, AR

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Mcgehee, AR Foreclosures

How much do homes sell for in Mcgehee, AR?
The average home price is currently $91,880.
In Mcgehee, AR, how many homes are available?
There are currently 6 active home listings available in Mcgehee.
What’s the average rental cost in Mcgehee, AR?
The average rental price in Mcgehee is $818.
What is the most expensive home in Mcgehee?
The most expensive home sold in Mcgehee had a price of $386,299.
What is currently the cheapest priced home in Mcgehee, AR?
The cheapest home for sale in Mcgehee is priced at $3,244.

Living in Mcgehee, AR

McGehee, Arkansas is a small yet vibrant town nestled in the heart of the Delta region. Known for its friendly atmosphere and rich agricultural roots, it offers a unique blend of southern charm and community spirit. The area boasts beautiful landscapes, making it ideal for outdoor enthusiasts and families looking for a peaceful lifestyle.

Current Market Conditions in Mcgehee, AR

The real estate market in McGehee is relatively stable with a gradual increase in property values over the past few years. The affordability of homes in the area makes it attractive for first-time buyers and those looking to invest in rental properties.

Recently, there have been more buyers entering the market, indicating a slow but steady recovery post-COVID. This shift is encouraging local homeowners to consider upgrades and renovations, enhancing property aesthetics throughout the community.

Home Value Estimator For Mcgehee, AR

There are currently 494 real estate properties in Mcgehee, AR, with a median automated valuation model (AVM) price of $66,623.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Mcgehee, 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 Mcgehee, AR, is $91,880.00, with the most expensive house in Mcgehee, AR, topping out at $386,299.00 and the cheapest home in Mcgehee, AR, clocking in at $3,244.00. In other words, there’s something for every potential homebuyer or savvy investor in Mcgehee, AR!

Rent Prices In Mcgehee, AR

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Mcgehee, AR, is on a rollercoaster ride. The average rent price in Mcgehee, AR, is $818.00. Indeed, when looking to rent in Mcgehee, AR, you can expect to pay as little as $520.00 or as much as $1,720.00, with the average rent median estimated to be $810.00. The good news is that finding an affordable and desirable property to rent in Mcgehee, 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.

Mcgehee, AR Foreclosures


Market Trend for Mcgehee, AR

Total Listings Available: 6

Market Values:

Home Prices from $3,244 to $386,299

Average Sales Price: $91,880

Rental Values:

Rental from $520 to $1,720

Average Rent Value: $818 / month

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