Is Craighead 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, Craighead County has remained a Seller's Market.
Housing Prices in Craighead County, AR
How much do homes in Craighead County, AR cost?
Median Sold Price
$195,000
$134/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Craighead County was $195,000 in May 2024, down 3.5% from last month, and the median price per square foot was $134.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $40K | N/A |
2 Bedrooms | $178K | $180.7K | +1.5% |
3 Bedrooms | $195.9K | $190K | -3.0% |
4 Bedrooms | $300K | $268.4K | -10.5% |
5+ Bedrooms | - | $485K | N/A |
Summary: Craighead 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 increased by 1.5%, 3 bedroom homes decreased by 3%, 4 bedroom homes decreased by 10.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
Lawrence County | $100K | $111.4K | +11.4% |
Poinsett County | $167K | $174.7K | +4.6% |
Greene County | $167.3K | $169K | +1.0% |
Craighead County | $202K | $195K | -3.5% |
Housing Supply in Craighead County, AR
How many homes are available in Craighead County, AR?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
293 | 304 | +3.8% |
Summary: The Craighead County real estate market had 304 homes for sale in May 2024, a 3.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 27 | 28 | +3.7% |
3 Bedrooms | 155 | 160 | +3.2% |
4 Bedrooms | 84 | 84 | 0.0% |
5+ Bedrooms | 27 | 31 | +14.8% |
Summary: The Craighead County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 3.7%, 3 bedroom homes increased by 3.2%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 14.8%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
63 | 72 | +14.3% |
Asking Price vs. Sold Price
38 Homes Were Sold
Under Asking
18 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 72 homes were sold or pending in Craighead County in May 2024, up by 14.3% month-over-month. Of the 65 sold homes, 58% were sold under asking, 28% were sold at asking, and 14% were sold over asking.
Days on Market for Craighead County, AR
We’re sorry, we don't have information for this market at the moment