Exploring the Mena, Arkansas Real Estate Market: Why Our Real Estate Agents Stand Out

Welcome to Mena, Arkansas!! Home of the Ward Lake Bike Trails, with more world class bike trails planned for the future!! I might be biased but we live in a B-E-A-UTIFUL area!! Go up the Mountian to Queen Wilhelmina State Park! Go hit the Wolf Pen Gap ATV Trails! Did I mention we have 2 splash pads for the kiddos!! Come snap up one of these Homes for Sale and join us!!

Currently, the Median Estimated Home Value in Mena is Down 2.72% from last year but it is still UP 17.51% from what it was 3 years ago. Now Market Sales Prices are UP 16.67% over last month and UP 57.3% over this time last year! Making your Median Sales Price of homes $210,000. List Price is UP 3.77% for the last 3 months and UP 25.28% over last year.

We are seeing a demand for 3 bedroom, 2 bathroom homes and when those homes hit the market and are priced right they go FAST! There is also a demand for larger rentals of at least 3 bedrooms, preferrably homes and not apartments. And an up-tick in buyers using Rehab Loans to purchase properties. We are also seeing that buyers are becoming less concerned that mortgage interest rates are still over 6% because they are watching properties that they have had their eye on get snapped up by other buyers so they are jumping back in to the buying pool instead of waiting for "the bottom to drop out" so they can get a "good deal" from the seller.

Here at Select Realty we pride ourselves on staying in touch with the market and the trends. We also take the time to educate ourselves not just on our profession but also on what is happening in the community, i.e. like new projects, new ordinances, new loan products, etc.. We want to be your information resource! And not just any information but Accurate Information!! Our Real Estate Agents work hard whether you are Buying or Selling to make sure your Best Interests are taken care of!

We are Locals, Serving Locals & by Local I mean some of our Agents moved here from other states and have taken full pride in learning our profession and community!! We are the only Sign you need to make your Buying or Selling Dreams Come True!! We will go above and beyond to help you achieve your goals! 

It isn't about making a dollar with us it's about providing the Best service possible and meeting the clients needs! We want clients to feel like family! We want Repeat Clients! We want to be Your Real Estate Company!

We serve Mena and surrounding areas covering all of Polk County, Montgomery County and some of Scott County! Our main office is at 1161 Hwy 71 S in Mena, AR and we Welcome Walk-Ins! We help Buyers buy, Sellers sell and Landlords manage their rental properties!

Feel Free to Call us Today at 479-394-7676 for ALL your Real Estate Needs!!