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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Carroll County is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Carroll County has remained a Seller's Market.

Key Takeaway

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

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

+$15,666(+6.4%)

Key Takeaway

Homes in Carroll County have sold for 6.4% more than they did a year ago.

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

# BEDSMay 2023May 2024CHANGE
1 $160K$174.5K
+9.1%
2 $197.2K$210K
+6.5%
3 $250K$266.2K
+6.5%
4 $280K$325K
+16.1%
5+ $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
+10.3%
Carroll County
+6.4%
Benton County
+4.3%
Stone County
-1.2%
Madison County
-11.1%

Housing Supply in Carroll County, AR

How many homes are available in Carroll County, AR?

Number of Homes For Sale

Apr 2024May 2024CHANGE
178183+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

# BEDSApr 2024May 2024CHANGE
1 89
+12.5%
2 5140
-21.6%
3 6680
+21.2%
4 4041
+2.5%
5+ 1313
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 2024May 2024CHANGE
2734+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

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Carroll County, you may be able to get a good deal. 70.6% of homes here sold below asking price last month.

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 2023May 2024CHANGE
134 Days88 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

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Carroll County has remained consistent over time.

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.

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 Carroll County, AR

Nearby Markets to Carroll County, AR

What housing markets are near Carroll County, AR?