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Foreclosure Homes in Mena, AR

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Mena, AR Foreclosures

How much do homes sell for in Mena, AR?
The average home price is currently $207,493.
In Mena, AR, how many homes are available?
There are currently 11 active home listings available in Mena.
What’s the average rental cost in Mena, AR?
The average rental price in Mena is $979.
What is the most expensive home in Mena?
The most expensive home sold in Mena had a price of $2,808,500.
What is currently the cheapest priced home in Mena, AR?
The cheapest home for sale in Mena is priced at $14,400.

Living in Mena, AR

Mena is a charming small town located in the heart of the Ouachita Mountains in Arkansas. Known for its scenic beauty and outdoor recreational opportunities, Mena offers residents a peaceful lifestyle with friendly neighbors. The town has a rich history, with several historic buildings and local attractions that reflect its heritage.

Current Market Conditions in Mena, AR

The real estate market in Mena is currently moderate, with a steady increase in home demand due to its desirable location and natural beauty. Homes in the area typically feature unique designs and are often surrounded by nature, making them perfect for those who love outdoor living.

Over the last year, property values have risen steadily as more people discover the lifestyle Mena offers. The market has remained stable, with homes receiving multiple offers and selling quickly if priced appropriately.

Home Value Estimator For Mena, AR

There are currently 4,512 real estate properties in Mena, AR, with a median automated valuation model (AVM) price of $170,667.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Mena, 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 Mena, AR, is $207,493.00, with the most expensive house in Mena, AR, topping out at $2,808,500.00 and the cheapest home in Mena, AR, clocking in at $14,400.00. In other words, there’s something for every potential homebuyer or savvy investor in Mena, AR!

Rent Prices In Mena, AR

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Mena, AR, is on a rollercoaster ride. The average rent price in Mena, AR, is $979.00. Indeed, when looking to rent in Mena, AR, you can expect to pay as little as $430.00 or as much as $2,240.00, with the average rent median estimated to be $930.00. The good news is that finding an affordable and desirable property to rent in Mena, 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.

Mena, AR Foreclosures


Market Trend for Mena, AR

Total Listings Available: 11

Market Values:

Home Prices from $14,400 to $2,808,500

Average Sales Price: $207,493

Rental Values:

Rental from $430 to $2,240

Average Rent Value: $979 / month

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