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Foreclosure Homes in Norphlet, AR

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Norphlet, AR Foreclosures

How much do homes sell for in Norphlet, AR?
The average home price is currently $135,097.
In Norphlet, AR, how many homes are available?
There are currently 137 active home listings available in Norphlet.
What’s the average rental cost in Norphlet, AR?
The average rental price in Norphlet is $876.
What is the most expensive home in Norphlet?
The most expensive home sold in Norphlet had a price of $333,682.
What is currently the cheapest priced home in Norphlet, AR?
The cheapest home for sale in Norphlet is priced at $16,650.

Living in Norphlet, AR

Norpet is a quaint town in Arkansas, perfect for those seeking a peaceful lifestyle. It offers essential amenities, quality schools, and beautiful parks, making it ideal for families. Convenient transportation options connect residents to nearby cities for added convenience.

Current Market Conditions in Norphlet, AR

The real estate market in Norphlet is currently stable, with home prices remaining affordable compared to larger cities. The demand for homes in rural areas has been increasing as more families seek out permanent residences in quieter settings.

Investors should take note of the appreciation potential in Norphlet, as the area shows trends of gradual property value increases. The community's growth and development initiatives are attracting new residents, which could drive future home values upward.

Home Value Estimator For Norphlet, AR

There are currently 35 real estate properties in Norphlet, AR, with a median automated valuation model (AVM) price of $96,933.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Norphlet, 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 Norphlet, AR, is $135,097.00, with the most expensive house in Norphlet, AR, topping out at $333,682.00 and the cheapest home in Norphlet, AR, clocking in at $16,650.00. In other words, there’s something for every potential homebuyer or savvy investor in Norphlet, AR!

Rent Prices In Norphlet, AR

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Norphlet, AR, is on a rollercoaster ride. The average rent price in Norphlet, AR, is $876.00. Indeed, when looking to rent in Norphlet, AR, you can expect to pay as little as $500.00 or as much as $1,500.00, with the average rent median estimated to be $880.00. The good news is that finding an affordable and desirable property to rent in Norphlet, 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.

Norphlet, AR Foreclosures


Market Trend for Norphlet, AR

Total Listings Available: 137

Market Values:

Home Prices from $16,650 to $333,682

Average Sales Price: $135,097

Rental Values:

Rental from $500 to $1,500

Average Rent Value: $876 / month

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