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 142 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, AR is a charming small town known for its close-knit community and peaceful lifestyle. It offers quality schools and essential amenities while being just a short drive from larger urban areas. This makes it a great place for families looking for a slower pace of life and outdoor recreation.
Current Market Conditions in Norphlet, AR
The real estate market in Norphlet has seen a steady and stable trend in recent months, with home prices remaining accessible for first-time buyers. The demand for housing in small towns has increased, particularly as remote working trends encourage homebuyers to seek quieter locations away from congested urban centers.
Nonetheless, the market shows signs of growth as more families and retirees discover the advantages of living in Norphlet. With its low crime rate and welcoming community, the appeal of this small town is likely to continue gaining traction.
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
