Norphlet, AR Foreclosures
How much do homes sell for in Norphlet, AR?
The average home price is currently $143,212.
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 $783,742.
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
Norphlet, a charming town nestled in the heart of southern Arkansas, offers a tight-knit community with a relaxed pace of life. This picturesque location is known for its historical significance and friendly residents, making it an attractive choice for families and retirees alike. With a range of amenities, outdoor spaces, and a small-town feel, Norphlet is perfect for those seeking peace and tranquility.
Current Market Conditions in Norphlet, AR
The real estate market in Norphlet is currently stable, with a steady demand for homes due to its attractive location and affordability. Recently, there has been an uptick in interest from families looking for more spacious residences outside of larger urban areas.
In the past few months, Norphlet has seen modest price increases, particularly for single-family homes. This trend indicates a healthy market as buyers recognize the value in this serene community.
Home Value Estimator For Norphlet, AR
There are currently 54 real estate properties
in Norphlet, AR,
with a median automated valuation model (AVM) price
of $90,000.00. 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 $143,212.00, with the most expensive house
in Norphlet, AR, topping out
at $783,742.00 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.
Learn more on Foreclosure homes
