Norfork, AR Foreclosures
How much do homes sell for in Norfork, AR?
The average home price is currently $267,320.
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 $1,666,700.
What is currently the cheapest priced home in Norfork, AR?
The cheapest home for sale in Norfork is priced at $18,427.
Living in Norfork, AR
Norfork is a charming small town located in Baxter County, Arkansas, nestled along the banks of the beautiful White River. Known for its peaceful lifestyle and stunning natural surroundings, the town offers a close-knit community atmosphere. Residents enjoy various outdoor activities such as fishing, boating, and hiking, making it an ideal location for nature lovers.
Current Market Conditions in Norfork, AR
The real estate market in Norfork, AR, has remained stable, with a slight increase in home values over the past year, driven by the growing appeal of rural living. The demand for properties near the White River has seen a rise as individuals and families continue to seek out vacation homes and primary residences that offer a slice of nature combined with modern amenities.
Current market trends indicate a balance between supply and demand, thanks in part to Norfork's attractive location near outdoor recreational opportunities. Traditional family homes as well as quaint cabins are sought after, particularly during the warmer months. Expect to see a mix of listings, catering to both budget-conscious buyers and those looking for more luxurious options.
Home Value Estimator For Norfork, AR
There are currently 863 real estate properties
in Norfork, AR,
with a median automated valuation model (AVM) price
of $221,566.00. 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 $267,320.00, with the most expensive house
in Norfork, AR, topping out
at $1,666,700.00 and the cheapest home
in Norfork, AR,
clocking in at $18,427.00. 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.
Learn more on Foreclosure homes
