Is Garland 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, Garland County has remained a Seller's Market.
Housing Prices in Garland County, AR
How much do homes in Garland County, AR cost?
Median Sold Price
$283,500
$152/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Garland County was $283,500 in May 2024, down 0.5% from last month, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $170K | $240K | +41.2% |
2 Bedrooms | $179.7K | $180K | 0.1% |
3 Bedrooms | $287.9K | $275K | -4.5% |
4 Bedrooms | $447.7K | $435K | -2.8% |
5+ Bedrooms | $750K | $1.0M | +36.7% |
Summary: Garland County housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes increased by 41.2%, 2 bedroom homes increased by 0.1%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes decreased by 2.8%, and 5+ bedroom homes increased by 36.7%.
Median Sold Price Compared To Nearby Counties
Perry County | $159.9K | $203.5K | +27.2% |
Montgomery County | $216K | $265K | +22.7% |
Garland County | $285K | $283.5K | -0.5% |
Hot Spring County | $150K | $142.4K | -5.0% |
Saline County | $279K | $259.4K | -7.0% |
Housing Supply in Garland County, AR
How many homes are available in Garland County, AR?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
837 | 883 | +5.5% |
Summary: The Garland County real estate market had 883 homes for sale in May 2024, a 5.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 20 | 17 | -15.0% |
2 Bedrooms | 193 | 218 | +13.0% |
3 Bedrooms | 432 | 440 | +1.9% |
4 Bedrooms | 136 | 143 | +5.1% |
5+ Bedrooms | 56 | 65 | +16.1% |
Summary: The Garland County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 15%, 2 bedroom homes increased by 13%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes increased by 16.1%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
160 | 153 | -4.4% |
Asking Price vs. Sold Price
78 Homes Were Sold
Under Asking
43 Homes Were Sold
At Asking
23 Homes Were Sold
Over Asking
Summary: A total of 153 homes were sold or pending in Garland County in May 2024, down by 4.4% month-over-month. Of the 144 sold homes, 54% were sold under asking, 30% were sold at asking, and 16% were sold over asking.
Days on Market for Garland County, AR
We’re sorry, we don't have information for this market at the moment