Is Cleburne County, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Cleburne County has remained a Seller's Market.
Key Takeaway
Cleburne County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Cleburne County, AR
How much do homes in Cleburne County, AR cost?
Median Sold Price
$275,000
$184/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Key Takeaway
Homes in Cleburne County have sold for 25% more than they did a month ago.
Summary: The median home sold price in Cleburne County was $275,000 in May 2024, up 25% from last month, and the median price per square foot was $184.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $140K | $47.5K | -66.1% |
| 2 Bedrooms | $208K | $183K | -12.0% |
| 3 Bedrooms | $230K | $263.7K | +14.7% |
| 4 Bedrooms | $326K | $500K | +53.4% |
| 5+ Bedrooms | $266.6K | - | N/A |
Summary: Cleburne County housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 66.1%, 2 bedroom homes decreased by 12%, 3 bedroom homes increased by 14.7%, 4 bedroom homes increased by 53.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
| Independence County | $139.5K | $195K | +39.8% |
| Stone County | $236.5K | $300K | +26.8% |
| Cleburne County | $220K | $275K | +25.0% |
| White County | $185K | $195K | +5.4% |
| Van Buren County | $188.5K | $175K | -7.2% |
Housing Supply in Cleburne County, AR
How many homes are available in Cleburne County, AR?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 178 | 189 | +6.2% |
Summary: The Cleburne County real estate market had 189 homes for sale in May 2024, a 6.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 5 | -28.6% |
| 2 Bedrooms | 29 | 27 | -6.9% |
| 3 Bedrooms | 87 | 92 | +5.7% |
| 4 Bedrooms | 41 | 46 | +12.2% |
| 5+ Bedrooms | 14 | 19 | +35.7% |
Summary: The Cleburne County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 28.6%, 2 bedroom homes decreased by 6.9%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 12.2%, and 5+ bedroom homes increased by 35.7%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 38 | 33 | -13.2% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cleburne County, you may be able to get a good deal. 74.2% of homes here sold below asking price last month.
Summary: A total of 33 homes were sold or pending in Cleburne County in May 2024, down by 13.2% month-over-month. Of the 31 sold homes, 74% were sold under asking, 19% were sold at asking, and 6% were sold over asking.
Days on Market for Cleburne 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.