Morrow, AR Foreclosures
How much do homes sell for in Morrow, AR?
The average home price is currently $303,130.
In Morrow, AR, how many homes are available?
There are currently 344 active home listings available in Morrow.
What’s the average rental cost in Morrow, AR?
The average rental price in Morrow is $1,114.
What is the most expensive home in Morrow?
The most expensive home sold in Morrow had a price of $1,839,000.
What is currently the cheapest priced home in Morrow, AR?
The cheapest home for sale in Morrow is priced at $62,407.
Living in Morrow, AR
Morrow, AR is a quaint town nestled in the scenic Ozarks. With a tight-knit community and a peaceful rural atmosphere, it offers residents a perfect blend of nature and small-town charm. The area is ideal for families, boasting good schools and outdoor recreational opportunities.
Current Market Conditions in Morrow, AR
The real estate market in Morrow, AR is currently stable, with a steady demand for homes due to the area's appeal. Home prices have shown modest increases, reflecting the town's desirability. Investors are taking note of the growing interest in the Ozarks, particularly among those seeking a quiet lifestyle close to nature.
Morrow has attracted attention for its affordability compared to nearby urban centers. As more people discover the charm of small towns, the market is expected to see continued interest, particularly from first-time homebuyers and retirees.
Home Value Estimator For Morrow, AR
There are currently 21 real estate properties
in Morrow, AR,
with a median automated valuation model (AVM) price
of $266,500.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Morrow, 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 Morrow, AR,
is $303,130.00, with the most expensive house
in Morrow, AR, topping out
at $1,839,000.00 and the cheapest home
in Morrow, AR,
clocking in at $62,407.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Morrow, AR!
Rent Prices
In Morrow, AR
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Morrow, AR, is on
a rollercoaster ride. The
average rent price in Morrow, AR,
is $1,114.00. Indeed, when looking to rent in
Morrow, AR, you can expect to pay as little
as $580.00 or as much
as $2,840.00,
with the average rent median estimated to
be $1,030.00. The good news is that finding
an affordable and desirable property to rent in Morrow, 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.
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