Norphlet, AR Foreclosures
How much do homes sell for in Norphlet, AR?
The average home price is currently $133,927.
In Norphlet, AR, how many homes are available?
There are currently 146 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 $353,983.
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 charming small town that offers a friendly atmosphere and a sense of community. Residents enjoy a peaceful lifestyle surrounded by nature, with convenient access to local amenities and schools. The area is ideal for those seeking tranquility while being close to larger urban centers.
Current Market Conditions in Norphlet, AR
Norphlet's housing market has displayed steady growth, making it a stable investment location for potential homebuyers. The relatively low cost of living and affordable real estate prices are attractive features, particularly for families and first-time homebuyers.
Typically, the market has moderate levels of inventory, which means that buyers may find a mix of affordable options alongside higher-priced homes, allowing for a diverse selection depending on one's budget.
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 $133,927.00, with the most expensive house
in Norphlet, AR, topping out
at $353,983.00 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
