Midway, AR Foreclosures
How much do homes sell for in Midway, AR?
The average home price is currently $219,793.
In Midway, AR, how many homes are available?
There are currently 2 active home listings available in Midway.
What’s the average rental cost in Midway, AR?
The average rental price in Midway is $1,032.
What is the most expensive home in Midway?
The most expensive home sold in Midway had a price of $1,696,951.
What is currently the cheapest priced home in Midway, AR?
The cheapest home for sale in Midway is priced at $10,097.
Living in Midway, AR
Midway, Arkansas, offers a perfect blend of rural tranquility and outdoor adventure, making it an ideal place for families and retirees. The town features beautiful natural landscapes, access to recreational activities, and a strong sense of community. Conveniently located near urban amenities, Midway provides a peaceful lifestyle without sacrificing convenience.
Current Market Conditions in Midway, AR
The current real estate market in Midway, Arkansas, shows signs of stability and gradual growth. With a mix of affordable homes and a picturesque environment, more buyers are finding Midway appealing, leading to an increase in property demand and average home prices over the past year. The local market is experiencing a healthy turnover, with properties selling efficiently, which is great news for sellers looking to capitalize on their investments.
Trends indicate a steady interest in Midway amongst potential buyers, especially those seeking vacation homes due to its proximity to lakes and outdoor recreational activities. As remote work becomes more prevalent, many individuals are considering relocating from urban settings, further contributing to the city’s growth.
Home Value Estimator For Midway, AR
There are currently 498 real estate properties
in Midway, AR,
with a median automated valuation model (AVM) price
of $187,804.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Midway, 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 Midway, AR,
is $219,793.00, with the most expensive house
in Midway, AR, topping out
at $1,696,951.00 and the cheapest home
in Midway, AR,
clocking in at $10,097.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Midway, AR!
Rent Prices
In Midway, AR
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Midway, AR, is on
a rollercoaster ride. The
average rent price in Midway, AR,
is $1,032.00. Indeed, when looking to rent in
Midway, AR, you can expect to pay as little
as $540.00 or as much
as $2,730.00,
with the average rent median estimated to
be $1,010.00. The good news is that finding
an affordable and desirable property to rent in Midway, 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.