$150,000
- 3 Beds
- 2 Baths
- 1,872 Sq Ft
41 Mallory St, Morrilton, AR 72110
Wendy Ferguson NextHome Local Realty Group
$150,000
41 Mallory St, Morrilton, AR 72110
Wendy Ferguson NextHome Local Realty Group
Morrilton, located in central Arkansas, is experiencing significant growth due to a billion-dollar investment by Green Bay Packaging, which is expanding its facilities. This small community of about 7,000 residents is seeing a surge in housing demand, with nearly 1,000 contracts signed in the last two weeks alone. The area features numerous state parks, including Petit Jean State Park, which offers hiking, biking, fishing, and boating opportunities. Morrilton City Park provides athletic fields, tennis courts, a playground with a splash pad, and a pool, along with a walking path through a wooded area. The downtown area is growing, with Harding Street lined with supply shops, medical offices, and small businesses, while local restaurants such as Nooner's Diner and Los Cabos offer diverse dining options. The community hosts various events, including church picnics, youth art shows, and the seasonal Morrilton Farmers Market. Morrilton's housing market includes ranch-style houses, New Traditional homes, Craftsman-style homes, and cottages, many of which are being renovated. The South Conway County School District serves the area, maintaining small class sizes and earning high ratings. Morrilton is car-dependent, with quick access to Interstate 40 and Highway 64, and is 20 miles from Conway and 50 miles from Little Rock, which houses Bill and Hillary Clinton National Airport. Residents should be aware of the risk of tornadoes and wind damage, as the area is known for frequent, powerful storms.
The median home sale price in Morrilton, AR is $172,500, up 10% year-over-year. Homes in Morrilton sell in 67 days on average, compared to the national average of 58 days.
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Median Sale Price
$172,500
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Median Single Family Sale Price
$180,000
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Median Townhouse Sale Price
$135,000
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Median 2 Bedroom Sale Price
$90,000
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Average Price Per Sq Ft
$114
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Number of Homes for Sale
29
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Last 12 months Home Sales
96
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Months of Supply
3.60
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Median List Price
$187,000
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Median Change From 1st List Price
2%
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Median Home Sale Price YoY Change
10%
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