Living in Mcgehee, AR
McGehee, Arkansas, is a friendly small town offering a relaxed lifestyle with access to outdoor activities, quality schools, and a supportive community. The town's rich history and local events make it an inviting place for families and individuals alike.
Current Market Conditions in Mcgehee, AR
The current real estate market in McGehee shows promising trends, with a steady increase in property values over recent years. With affordable housing options and an appealing community, it remains an attractive location for both first-time buyers and real estate investors.
In particular, the demand for rental properties has seen growth, thanks in part to a rising population and the influx of new residents attracted by the town's amenities. Investors can find opportunities in both single-family homes and multi-unit properties.
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 $68,171.00. 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 $90,115.00, with the most expensive house
in Mcgehee, AR, topping out
at $396,644.00 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.
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