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Foreclosures in West Memphis, AR

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West Memphis, AR Foreclosures

How much do homes sell for in West Memphis, AR?
The average home price is currently $137,712.
In West Memphis, AR, how many homes are available?
There are currently 7 active home listings available in West Memphis.
What’s the average rental cost in West Memphis, AR?
The average rental price in West Memphis is $936.
What is the most expensive home in West Memphis?
The most expensive home sold in West Memphis had a price of $10,740,528.
What is currently the cheapest priced home in West Memphis, AR?
The cheapest home for sale in West Memphis is priced at $8,125.

Living in West Memphis, AR

West Memphis, Arkansas, is a charming city that blends the excitement of urban living with the tranquility of riverside views. Its welcoming community and numerous amenities make it an ideal location for families and professionals alike. With excellent educational options and outdoor activities, West Memphis has something for everyone.

Current Market Conditions in West Memphis, AR

The real estate market in West Memphis has shown resilience and steady growth, with an increasing number of buyers attracted to its affordability compared to larger metropolitan areas. Homes range from historic properties to new construction, appealing to diverse preferences and budgets.

Overall, West Memphis has seen a consistent rise in home values over the past few years, marking it as a competitive marketplace. Buyers are keen on properties that provide value not only in cost but also in community lifestyle and access to amenities.

Home Value Estimator For West Memphis, AR

There are currently 7,435 real estate properties in West Memphis, AR, with a median automated valuation model (AVM) price of $117,262.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in West Memphis, 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 West Memphis, AR, is $137,712.00, with the most expensive house in West Memphis, AR, topping out at $10,740,528.00 and the cheapest home in West Memphis, AR, clocking in at $8,125.00. In other words, there’s something for every potential homebuyer or savvy investor in West Memphis, AR!

Rent Prices In West Memphis, AR

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in West Memphis, AR, is on a rollercoaster ride. The average rent price in West Memphis, AR, is $936.00. Indeed, when looking to rent in West Memphis, AR, you can expect to pay as little as $500.00 or as much as $2,420.00, with the average rent median estimated to be $890.00. The good news is that finding an affordable and desirable property to rent in West Memphis, 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.

West Memphis, AR Foreclosures

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