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Rent To Own Homes in Mineral Springs, AR

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Home Value Estimator For Mineral Springs, AR

There are currently 569 real estate properties in Mineral Springs, AR, with a median automated valuation model (AVM) price of $78,200.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Mineral Springs, 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 Mineral Springs, AR, is $92,255.00, with the most expensive house in Mineral Springs, AR, topping out at $347,200.00 and the cheapest home in Mineral Springs, AR, clocking in at $29,100.00. In other words, there’s something for every potential homebuyer or savvy investor in Mineral Springs, AR!


Rent Prices In Mineral Springs, AR

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Mineral Springs, AR, is on a rollercoaster ride. The average rent price in Mineral Springs, AR, is $834.00. Indeed, when looking to rent in Mineral Springs, AR, you can expect to pay as little as $520.00 or as much as $1,750.00, with the average rent median estimated to be $790.00. The good news is that finding an affordable and desirable property to rent in Mineral Springs, 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.


Foreclosure Homes in Mineral Springs, AR

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Mineral Springs, AR area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Mineral Springs, AR and much more. Save thousands at closing with home foreclosure listings in Mineral Springs, AR — up to 75% off market value!


Top Reasons To Live In Mineral Springs, AR In 2022

Mineral Springs is located in Howard, Arkansas, with an estimated municipal population of 1,148 residents. All of the best foreclosed homes for sale in Mineral Springs are located in the following zip code areas on Foreclosure.com: 71851. The estimated population per square kilometer (.62 miles) in Mineral Springs is 197.


Cost Of Living In Mineral Springs, AR

So, about how much do homes cost in Mineral Springs? The most recent median value of resident-owned homes in Mineral Springs is 88,988. An estimated 65.5 percent of households in Mineral Springs own their homes, with an average family size of 3.01. The median household income in Mineral Springs is 39,028, with11.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Mineral Springs, the median commute time of resident workers (in minutes) is 20. And last, but certainly not least, are you looking for homes to rent in Mineral Springs? If so, the average rent price paid by renters in Mineral Springs is 650, according to recent statistics.


Diversity And Demographics In Mineral Springs, 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 Mineral Springs, 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 Mineral Springs is 38.7, split between 48.5 percent male versus 51.5 female. The percentage of residents who report being married in Mineral Springs is 43.1, with an average family size of 3.01.

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

White 51.5%
Black / African American 41.4%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.4%
Other 5.6%

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

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

Under 10 11%
Aged 10-19 11.2%
20s 9.3%
30s 19.8%
40s 12.5%
50s 12.4%
60s 12%
70s 9.7%
80+ 2%

Best Schools In Mineral Springs, 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 Mineral Springs with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Mineral Springs.


Pros And Cons Of Living In Mineral Springs, Arkansas

How do you know that living in -- or moving to -- Mineral Springs is right where you need to be? Perhaps you grew up in Mineral Springs or already live nearby; therefore, the decision to buy a home in Mineral Springs is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Mineral Springs 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 Mineral Springs:

  • 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 Mineral Springs.


Reasons To Move To Mineral Springs, Arkansas, In 2022

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

Mineral Springs, AR Rent To Own Homes


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