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Preforeclosure 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 $262,245.
In Norfork, AR, how many homes are available?
There are currently 2 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 $1,636,700.
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 quaint town located in the scenic Ozarks, offering a peaceful lifestyle and a strong sense of community. Known for its outdoor activities like fishing and hiking, the area appeals to nature lovers and families alike. With excellent schools and local amenities, Norfork is a great place to call home.

Current Market Conditions in Norfork, AR

The real estate market in Norfork is currently showing steady growth, with an increasing demand for homes in the area due to its natural attractions and picturesque scenery. As more people discover this hidden gem, prices are starting to rise, though they still remain relatively affordable compared to larger towns and cities in Arkansas.

Recent trends indicate a shift towards more buyers looking for vacation homes and investment properties in Norfork. This surge can be attributed to the area's proximity to outdoor recreational activities and the appeal of quiet, rural living.

The rental market in Norfork is also evolving, with some investors targeting short-term rental opportunities catering to tourists seeking a serene and scenic getaway.

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 $220,307.00. 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 $262,245.00, with the most expensive house in Norfork, AR, topping out at $1,636,700.00 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 Preforeclosure Homes


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