Menifee, AR Foreclosures
How much do homes sell for in Menifee, AR?
The average home price is currently $138,030.
In Menifee, AR, how many homes are available?
There are currently 69 active home listings available in Menifee.
What’s the average rental cost in Menifee, AR?
The average rental price in Menifee is $890.
What is the most expensive home in Menifee?
The most expensive home sold in Menifee had a price of $423,500.
What is currently the cheapest priced home in Menifee, AR?
The cheapest home for sale in Menifee is priced at $31,090.
Living in Menifee, AR
Menifee, Arkansas, is a quaint and peaceful town in Conway County that provides a friendly atmosphere and a strong sense of community. With beautiful natural surroundings and a host of recreational opportunities, it's an ideal place for families and individuals seeking a quiet lifestyle. The local amenities and good schools further enhance its appeal as a great place to live.
Current Market Conditions in Menifee, AR
The real estate market in Menifee has been stable, with a moderate increase in home prices over the past year. Many homes are being sold quickly, indicating a healthy demand for housing in this charming town. The community appeal and the scenic rural atmosphere attract buyers seeking a slower-paced life outside of larger urban centers.
Recent trends show an influx of families relocating to Menifee, drawn by its affordability compared to neighboring areas, along with its community-oriented lifestyle. This increased demand is likely to continue, suggesting a favorable market for sellers.
Home Value Estimator For Menifee, AR
There are currently 47 real estate properties
in Menifee, AR,
with a median automated valuation model (AVM) price
of $123,993.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Menifee, 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 Menifee, AR,
is $138,030.00, with the most expensive house
in Menifee, AR, topping out
at $423,500.00 and the cheapest home
in Menifee, AR,
clocking in at $31,090.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Menifee, AR!
Rent Prices
In Menifee, AR
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Menifee, AR, is on
a rollercoaster ride. The
average rent price in Menifee, AR,
is $890.00. Indeed, when looking to rent in
Menifee, AR, you can expect to pay as little
as $580.00 or as much
as $1,480.00,
with the average rent median estimated to
be $850.00. The good news is that finding
an affordable and desirable property to rent in Menifee, 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
