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Foreclosure Homes in Norfork, AR 72658

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Norfork, AR Foreclosures

How much do homes sell for in Norfork, AR?
The average home price is currently $265,569.
In Norfork, AR, how many homes are available?
There are currently 1 active home listings available in Norfork.
What’s the average rental cost in Norfork, AR?
The average rental price in Norfork is $1,097.
What is the most expensive home in Norfork?
The most expensive home sold in Norfork had a price of $1,635,100.
What is currently the cheapest priced home in Norfork, AR?
The cheapest home for sale in Norfork is priced at $27,995.

Living in Norfork, AR

Norfork, Arkansas, is a small town that boasts breathtaking natural landscapes and a relaxing lifestyle. With easy access to the White River and Norfork Lake, residents partake in numerous outdoor activities. The community is welcoming and provides a close-knit environment for families and individuals alike.

Current Market Conditions in Norfork, AR

The current real estate market in Norfork is stable, with several properties being bought and sold within a reasonable time frame. The prices remain relatively affordable compared to larger metropolitan areas, which makes this town an attractive option for first-time home buyers and retirees alike.

Recent trends indicate a growing interest in Norfork as more people seek to escape to quieter surroundings. The influx of new residents has begun to drive demand for homes, resulting in a slow but steady increase in property values.

Home Value Estimator For Norfork, AR

There are currently 731 real estate properties in Norfork, AR, with a median automated valuation model (AVM) price of $222,205.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Norfork, 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 Norfork, AR, is $265,569.00, with the most expensive house in Norfork, AR, topping out at $1,635,100.00 and the cheapest home in Norfork, AR, clocking in at $27,995.00. In other words, there’s something for every potential homebuyer or savvy investor in Norfork, AR!

Rent Prices In Norfork, AR

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Norfork, AR, is on a rollercoaster ride. The average rent price in Norfork, AR, is $1,097.00. Indeed, when looking to rent in Norfork, AR, you can expect to pay as little as $540.00 or as much as $2,220.00, with the average rent median estimated to be $1,060.00. The good news is that finding an affordable and desirable property to rent in Norfork, 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.

Norfork, AR 72658 Foreclosures


Market Trend for Norfork, AR

Total Listings Available: 1

Market Values:

Home Prices from $27,995 to $1,635,100

Average Sales Price: $265,569

Rental Values:

Rental from $540 to $2,220

Average Rent Value: $1,097 / month

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