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Cheap 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 $142,115.
In Norphlet, AR, how many homes are available?
There are currently 8 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 $357,323.
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, Arkansas, is a small, charming town offering a serene lifestyle in a close-knit community. It features beautiful natural landscapes, making it an ideal location for outdoor activities such as hiking and fishing. With essential amenities and friendly neighbors, Norphlet is perfect for those seeking tranquility and a sense of belonging.

Current Market Conditions in Norphlet, AR

The real estate market in Norphlet is showing signs of stability, with a steady demand for homes due to the area's appealing lifestyle and affordability. The town's housing prices are relatively low compared to larger cities, which attracts both first-time buyers and investors looking for rental properties.

Recent developments include an increase in interest for properties as remote work becomes more popular, prompting families to seek quieter living environments away from urban centers. This trend maintains a balanced market with potential growth for homeowners.

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 $99,731.00. 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 $142,115.00, with the most expensive house in Norphlet, AR, topping out at $357,323.00 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.

Cheap Homes in Norphlet, AR


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