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Preforeclosure Homes in Morrow, AR

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Morrow, AR Foreclosures

How much do homes sell for in Morrow, AR?
The average home price is currently $299,534.
In Morrow, AR, how many homes are available?
There are currently 332 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, Arkansas, is a charming small town surrounded by natural beauty and agricultural lands. Known for its close community ties and outdoor activities, Morrow is ideal for those seeking a peaceful rural lifestyle. Its proximity to larger cities offers residents both tranquility and access to urban amenities.

Current Market Conditions in Morrow, AR

Morrow's real estate market has seen steady growth over the past year, driven by the increasing appeal of rural living. Homes in this area tend to be more affordable compared to larger urban centers in Arkansas, making it an attractive location for first-time buyers and those looking to invest in rental properties. The demand for homes is reflected in a moderate supply, with many listings experiencing quick turnover as buyers seek to capitalize on the serene lifestyle that Morrow offers.

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 $255,170.00. 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 $299,534.00, 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.

Morrow, AR Preforeclosure Homes


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