There are currently 1,266 real estate properties in Manila, AR, with a median automated valuation model (AVM) price of $132,283.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Manila, 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 Manila, AR, is $161,146.00, with the most expensive house in Manila, AR, topping out at $1,724,964.00 and the cheapest home in Manila, AR, clocking in at $16,300.00. In other words, there’s something for every potential homebuyer or savvy investor in Manila, AR!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Manila, AR, is on a rollercoaster ride. The average rent price in Manila, AR, is $935.00. Indeed, when looking to rent in Manila, AR, you can expect to pay as little as $550.00 or as much as $1,880.00, with the average rent median estimated to be $900.00. The good news is that finding an affordable and desirable property to rent in Manila, 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.
Manila is located in Mississippi, Arkansas, with an estimated municipal population of 3,357 residents. All of the best foreclosed homes for sale in Manila are located in the following zip code areas on Foreclosure.com: 72442. The estimated population per square kilometer (.62 miles) in Manila is 347.
So, about how much do homes cost in Manila? The most recent median value of resident-owned homes in Manila is 119,215. An estimated 59 percent of households in Manila own their homes, with an average family size of 3.02. The median household income in Manila is 53,308, with23.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Manila, the median commute time of resident workers (in minutes) is 22. And last, but certainly not least, are you looking for homes to rent in Manila? If so, the average rent price paid by renters in Manila is 567, according to recent statistics.
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 Manila, 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 Manila is 43.7, split between 50.2 percent male versus 49.8 female. The percentage of residents who report being married in Manila is 52.4, with an average family size of 3.02.
The percentage of residents who report their race in Manila is as follows:
| White | 98.8% |
| Black / African American | 0.2% |
| Asian | 0% |
| American Indian / Alaskan Native | 0% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 1% |
| Other | 0% |
Looking for family-friendly neighborhoods in and/or near Manila? Or maybe you are searching for 55+ active adult communities in and/or near Manila?
The percentage of residents who report their age in Manila is as follows:
| Under 10 | 8.2% |
| Aged 10-19 | 16.5% |
| 20s | 10.2% |
| 30s | 8.3% |
| 40s | 21% |
| 50s | 14.2% |
| 60s | 7.3% |
| 70s | 8.9% |
| 80+ | 5.2% |
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 Manila with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Manila.
How do you know that living in -- or moving to -- Manila is right where you need to be? Perhaps you grew up in Manila or already live nearby; therefore, the decision to buy a home in Manila is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Manila 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 Manila:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Manila.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Manila can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Manila, meanwhile, can field multiple offers from more qualified buyers.
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