Is Searcy County, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Searcy County was a Neutral Market.
Key Takeaway
Searcy County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Searcy County, AR
How much do homes in Searcy County, AR cost?
Median Sold Price
$93,000
$117/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Key Takeaway
Homes in Searcy County have sold for 17% more than they did a month ago.
Summary: The median home sold price in Searcy County was $93,000 in May 2024, up 17% from last month, and the median price per square foot was $117.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $152K | $91.5K | -39.8% |
| 2 Bedrooms | $40K | - | N/A |
| 3 Bedrooms | $79.5K | $947.5K | +1091.8% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Searcy County housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 39.8%, 2 bedroom homes did not change, 3 bedroom homes increased by 1091.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
| Searcy County | $79.5K | $93K | +17.0% |
| Marion County | $217.6K | $205K | -5.8% |
| Van Buren County | $188.5K | $175K | -7.2% |
| Baxter County | $269.9K | $210.5K | -22.0% |
Housing Supply in Searcy County, AR
How many homes are available in Searcy County, AR?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 33 | 31 | -6.1% |
Summary: The Searcy County real estate market had 31 homes for sale in May 2024, a 6.1% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 7 | 6 | -14.3% |
| 3 Bedrooms | 13 | 12 | -7.7% |
| 4 Bedrooms | 8 | 8 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Searcy County 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 14.3%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 6 | 4 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Searcy County, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in Searcy County in May 2024, down by 33.3% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for Searcy County, AR
We’re sorry, we don't have information for this market at the moment
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Cooperative Arkansas REALTORS® Multiple Listing Services, Inc. Real estate listings, held by brokerage firms other than this broker, are marked with the Broker Reciprocity℠ logo and information about them includes the name of the listing brokers. The IDX information is provided exclusively for consumers’ personal, non-commercial use that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2024 Cooperative Arkansas Realtors MLS. All Rights Reserved.