Is Greenbrier, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Greenbrier is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Greenbrier has remained a Seller's Market.

Key Takeaway

Greenbrier is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Greenbrier, AR

How much do homes in Greenbrier, AR cost?

Median Sold Price

$345,000

$165/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

+$65,000(+23.2%)

Key Takeaway

Homes in Greenbrier have sold for 23.2% more than they did a month ago.

Summary: The median home sold price in Greenbrier was $345,000 in May 2024, up 23.2% from last month, and the median price per square foot was $165.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 -$300K
N/A
2 $117K$325K
+177.8%
3 $236.5K$330K
+39.5%
4 $382.9K$443K
+15.7%
5+ --
N/A

Summary: Greenbrier housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 177.8%, 3 bedroom homes increased by 39.5%, 4 bedroom homes increased by 15.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Greenbrier
+23.2%
Hardin Township
-0.8%

Housing Supply in Greenbrier, AR

How many homes are available in Greenbrier, AR?

Number of Homes For Sale

Apr 2024May 2024CHANGE
104115+10.6%

Summary: The Greenbrier real estate market had 115 homes for sale in May 2024, a 10.6% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 11
0.0%
2 32
-33.3%
3 5256
+7.7%
4 3945
+15.4%
5+ 911
+22.2%

Summary: The Greenbrier housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes increased by 22.2%.

Number of Homes Sold

Apr 2024May 2024CHANGE
2031+55.0%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Greenbrier, you may be able to get a good deal. 51.6% of homes here sold below asking price last month.

Summary: A total of 31 homes were sold or pending in Greenbrier in May 2024, up by 55.0% month-over-month. Of the 31 sold homes, 52% were sold under asking, 35% were sold at asking, and 13% were sold over asking.

Days on Market for Greenbrier, AR

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 9 Days Ago

Newest Listings in Greenbrier, AR

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