$345,000
- 2 Beds
- 2 Baths
- 1,800 Sq Ft
162 Mountain Terrace Cir, Maumelle, AR 72113
Adrienne Johnson Crye-Leike REALTORS Kanis Branch
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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.
On average, homes in Morrilton, AR sell after 49 days on the market compared to the national average of 70 days. The median sale price for homes in Morrilton, AR over the last 12 months is $130,000, down 44% from the median home sale price over the previous 12 months.