Is Baxter County, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Baxter County is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Baxter County, AR

How much do homes in Baxter County, AR cost?

Median Sold Price

$210,500

$140/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

-$59,400(-22.0%)

Key Takeaway

Homes in Baxter County have sold for 22% less than they did a month ago.

Summary: The median home sold price in Baxter County was $210,500 in May 2024, down 22% from last month, and the median price per square foot was $140.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 $314.5K$209.9K
-33.2%
3 $269.9K$169K
-37.4%
4 -$475K
N/A
5+ $155K-
N/A

Summary: Baxter County 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 decreased by 33.2%, 3 bedroom homes decreased by 37.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Stone County
+26.8%
Marion County
-5.8%
Izard County
-9.8%
Baxter County
-22.0%

Housing Supply in Baxter County, AR

How many homes are available in Baxter County, AR?

Number of Homes For Sale

Apr 2024May 2024CHANGE
5452-3.7%

Summary: The Baxter County real estate market had 52 homes for sale in May 2024, a 3.7% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 1516
+6.7%
3 2925
-13.8%
4 78
+14.3%
5+ 33
0.0%

Summary: The Baxter 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 increased by 6.7%, 3 bedroom homes decreased by 13.8%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
1510-33.3%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Baxter County, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Baxter County in May 2024, down by 33.3% month-over-month. Of the 10 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.

Days on Market for Baxter County, AR

How long does it take to sell a home in Baxter County, AR?

Average Sale Time

Apr 2024May 2024CHANGE
37 Days147 Days+295.1%

Summary: Homes in Baxter County had an average of 147 days on market in May 2024, up by 295.1% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Baxter County are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 10 homes were sold in Baxter County; 10% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.

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

Report Updated 1 Day Ago

Newest Listings in Baxter County, AR

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