Foreclosure Homes in Magness, AR

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Top Reasons To Live In Magness, AR In 2024

Magness is located in Independence, Arkansas, with an estimated municipal population of 211 residents. All of the best foreclosed homes for sale in Magness are located in the following zip code areas on 72562 72501 72553. The estimated population per square kilometer (.62 miles) in Magness is 132.

Cost Of Living In Magness, AR

So, about how much do homes cost in Magness? The most recent median value of resident-owned homes in Magness is 98,570. An estimated 82.2 percent of households in Magness own their homes, with an average family size of 3.09. The median household income in Magness is 50,592, with3.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Magness, the median commute time of resident workers (in minutes) is 18.2.

Diversity And Demographics In Magness, Arkansas

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Magness, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Magness is 53.3, split between 64.1 percent male versus 35.9 female. The percentage of residents who report being married in Magness is 63.1, with an average family size of 3.09.

The percentage of residents who report their race in Magness is as follows:

White 99.1%
Black / African American 0%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0.9%
Other 0%

Looking for family-friendly neighborhoods in and/or near Magness? Or maybe you are searching for 55+ active adult communities in and/or near Magness?

The percentage of residents who report their age in Magness is as follows:

Under 10 3.5%
Aged 10-19 26.9%
20s 1.7%
30s 3%
40s 7.2%
50s 43.5%
60s 9.9%
70s 2.1%
80+ 2.1%

Best Schools In Magness, Arkansas

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Magness with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Magness.

Pros And Cons Of Living In Magness, Arkansas

How do you know that living in -- or moving to -- Magness is right where you need to be? Perhaps you grew up in Magness or already live nearby; therefore, the decision to buy a home in Magness is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Magness for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Magness:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Magness.

Reasons To Move To Magness, Arkansas, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Magness can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Magness, meanwhile, can field multiple offers from more qualified buyers.

Magness, AR Foreclosures


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