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Bankruptcy Homes in Norphlet, AR

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3 View this home at Strong Hwy Strong AR 71765
Foreclosure
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$34,200 EMV
Strong Hwy
Strong, AR 71765
Single-Family
|
3 |
2.5
|
1,798
EST. RENT: $991
|
AUCTION: 04-01-2024
Single-Family
|
3 |
2.5
|
1,798
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Top Reasons To Live In Norphlet, AR In 2024

Norphlet is located in Union, Arkansas, with an estimated municipal population of 782 residents. All of the best foreclosed homes for sale in Norphlet are located in the following zip code areas on Foreclosure.com: 71730 71759. The estimated population per square kilometer (.62 miles) in Norphlet is 147.


Cost Of Living In Norphlet, AR

So, about how much do homes cost in Norphlet? The most recent median value of resident-owned homes in Norphlet is 71,552. An estimated 81.7 percent of households in Norphlet own their homes, with an average family size of 2.91. The median household income in Norphlet is 52,813, with15.8 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Norphlet, the median commute time of resident workers (in minutes) is 20.8. And last, but certainly not least, are you looking for homes to rent in Norphlet? If so, the average rent price paid by renters in Norphlet is 836, according to recent statistics.


Diversity And Demographics In Norphlet, 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 Norphlet, 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 Norphlet is 42.5, split between 49.5 percent male versus 50.5 female. The percentage of residents who report being married in Norphlet is 61.3, with an average family size of 2.91.

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

White 94.1%
Black / African American 3.1%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 2%
Other 0.8%

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

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

Under 10 14.7%
Aged 10-19 8.7%
20s 17.4%
30s 3.8%
40s 16.2%
50s 13.1%
60s 17.5%
70s 6.9%
80+ 1.9%

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


Pros And Cons Of Living In Norphlet, Arkansas

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

  • 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 Norphlet.


Reasons To Move To Norphlet, 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 Norphlet can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Norphlet, meanwhile, can field multiple offers from more qualified buyers.

Norphlet, AR Bankruptcy Homes


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