$300,000
- Studio
- 4,993 Sq Ft
514 Greg Dr, Paragould, AR 72450
Dustin White Dustin White Realty
$300,000
514 Greg Dr, Paragould, AR 72450
Dustin White Dustin White Realty
$199,000
708 S 3rd St, Paragould, AR 72450
Kimberly Davis Weichert Realtors, Home Source
$119,000
5810 W Kingshighway, Paragould, AR 72450
Payton Snodgrass Century 21 Portfolio
$65,000
307 C St, Paragould, AR 72450
Jack Millikin Don Tuggle Real Estate
$225,000
5703 Cedar St, Paragould, AR 72450
Rebekah Bateman Prime Real Estate Partners
$140,000
517 N Pruett St, Paragould, AR 72450
Dustin Thomas Halsey Real Estate
$359,900
1015 S 2nd Ave, Paragould, AR 72450
Dustin Thomas Halsey Real Estate
$259,000
801 Vance St, Paragould, AR 72450
Dustin Thomas Halsey Real Estate
$209,999
440 E Court St, Paragould, AR 72450
Shannon Barnum IMAGE Realty
Paragould, Arkansas, located in Greene County, is a small city with a population of over 30,000. Known as the Friendly City, Paragould has a rich history tied to the railroads, which continue to play a significant role in the local economy. Major employers include Greenbrier Rail, Tenneco, Inc., Anchor Industries, and Arkansas Methodist Medical Center. Housing options range from renovated mid-20th-century ranch-style homes to older cottages and new constructions, with median prices significantly below the national average. The Paragould School District hosts community events, and private schools like Crowley’s Ridge Academy are highly rated. Crowley’s Ridge College offers diverse educational programs. While the city is car-dependent, recent additions like bike lanes and expanded sidewalks on Court Street aim to improve accessibility. Paragould is approximately 80 miles from Memphis, Tennessee, and 22 miles from Jonesboro. Downtown Paragould features unique boutiques, shops, the Greene County Museum, and the Collins Theater. The Paragould Farmers Market operates from May to October. Community events include the Loose Caboose Festival, Downtown After Hours concerts, and the Greene County Fair. Reynold Park offers fishing, and the developing 8 Mile Creek Trail will connect to Crowley’s Ridge State Park. The Paragould Community Center provides various indoor and outdoor recreational activities. The climate is characterized by hot, humid summers and cold, dry winters, with a higher risk of tornadoes due to its proximity to Arkansas's tornado alley.
On average, homes in Paragould, AR sell after 52 days on the market compared to the national average of 70 days. The median sale price for homes in Paragould, AR over the last 12 months is $255,000, up 28% from the median home sale price over the previous 12 months.
In Paragould, there are currently 9 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $65,000 to $359,900, there's a range to accomodate every budget. As of August, 2025 the median home price in Paragould is $259,900, while the average sale price is $254,028, offering insights into the local housing market. On average, multi-family homes spend 52 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Paragould, AR.