Is Carroll County, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Carroll County has remained a Seller's Market.
Housing Prices in Carroll County, AR
How much do homes in Carroll County, AR cost?
Median Sold Price
$260,666
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Carroll County was $260,666 in May 2024, up 6.4% from last year, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $160K | $174.5K | +9.1% |
2 Bedrooms | $197.2K | $210K | +6.5% |
3 Bedrooms | $250K | $266.2K | +6.5% |
4 Bedrooms | $280K | $325K | +16.1% |
5+ Bedrooms | $850K | $650K | -23.5% |
Summary: Carroll County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.1%, 2 bedroom homes increased by 6.5%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 16.1%, and 5+ bedroom homes decreased by 23.5%.
Median Sold Price Compared To Nearby Counties
Barry County | $199.4K | $220K | +10.3% |
Carroll County | $245K | $260.6K | +6.4% |
Benton County | $350K | $365.2K | +4.3% |
Stone County | $324.6K | $320.7K | -1.2% |
Madison County | $247.5K | $220K | -11.1% |
Housing Supply in Carroll County, AR
How many homes are available in Carroll County, AR?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
178 | 183 | +2.8% |
Summary: The Carroll County real estate market had 183 homes for sale in May 2024, a 2.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 9 | +12.5% |
2 Bedrooms | 51 | 40 | -21.6% |
3 Bedrooms | 66 | 80 | +21.2% |
4 Bedrooms | 40 | 41 | +2.5% |
5+ Bedrooms | 13 | 13 | 0.0% |
Summary: The Carroll County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.5%, 2 bedroom homes decreased by 21.6%, 3 bedroom homes increased by 21.2%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
27 | 34 | +25.9% |
Asking Price vs. Sold Price
24 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 34 homes were sold or pending in Carroll County in May 2024, up by 25.9% month-over-month. Of the 34 sold homes, 71% were sold under asking, 21% were sold at asking, and 9% were sold over asking.
Days on Market for Carroll County, AR
How long does it take to sell a home in Carroll County, AR?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
134 Days | 88 Days | -33.8% |
Summary: Homes in Carroll County had an average of 88 days on market in May 2024, down by 33.8% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Summary: During May 2024, 34 homes were sold in Carroll County; 15% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.