Menifee, AR Foreclosures
How much do homes sell for in Menifee, AR?
The average home price is currently $141,863.
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 $519,006.
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, AR, is a charming small town in Conway County, characterized by a close-knit community and beautiful rural surroundings. With access to outdoor activities and essential amenities, Menifee offers a peaceful lifestyle while remaining conveniently close to urban areas. Its friendly atmosphere and local events make it an attractive place to call home.
Current Market Conditions in Menifee, AR
The real estate market in Menifee, AR is currently stable, with a mix of home styles available for various budgets. The demand for houses has slightly increased, as more buyers are drawn to the lifestyle the town offers. This trend has contributed to a gradual rise in home prices, though they remain lower than the state average, making it accessible for first-time buyers as well as those looking to invest.
In recent months, the town has seen a steady influx of new residents, attracted by the affordable housing options and quality of life. This is likely to continue as more families seek out rural living experiences. While the inventory of homes for sale is limited, the market remains competitive, with potential buyers encouraged to act quickly when properties become available.
Home Value Estimator For Menifee, AR
There are currently 65 real estate properties
in Menifee, AR,
with a median automated valuation model (AVM) price
of $121,587.00. 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 $141,863.00, with the most expensive house
in Menifee, AR, topping out
at $519,006.00 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
