Menifee, AR Foreclosures
How much do homes sell for in Menifee, AR?
The average home price is currently $133,247.
In Menifee, AR, how many homes are available?
There are currently 54 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 $407,499.
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 is a small, welcoming town in Arkansas known for its friendly community and beautiful natural surroundings. It offers residents a peaceful lifestyle with easy access to outdoor activities such as hiking and fishing. The area is characterized by its rich history and close-knit community atmosphere, making it an ideal place for families and retirees alike.
Current Market Conditions in Menifee, AR
The real estate market in Menifee is currently experiencing steady demand, with a mix of affordable housing options and some higher-end properties. The town's peaceful environment and proximity to outdoor recreational areas make it a desirable location for homebuyers. As more people seek refuge from crowded urban centers, Menifee is seeing an influx of families and retirees looking for a welcoming community to call home.
Prices for homes in Menifee vary widely, with a significant number of listings in the lower price range appealing to first-time homebuyers. The average property price has increased slightly over the past year, indicating growing interest in the area.
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 $118,668.00. 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 $133,247.00, with the most expensive house
in Menifee, AR, topping out
at $407,499.00 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.