Is Marion 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, Marion County has remained a Seller's Market.
Housing Prices in Marion County, AR
How much do homes in Marion County, AR cost?
Median Sold Price
$205,000
$129/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Marion County was $205,000 in May 2024, down 5.8% from last month, and the median price per square foot was $129.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $60K | $40K | -33.3% |
3 Bedrooms | $217.6K | $230K | +5.7% |
4 Bedrooms | $275K | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Marion 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 decreased by 33.3%, 3 bedroom homes increased by 5.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
Boone County | $185K | $412.4K | +122.9% |
Searcy County | $79.5K | $93K | +17.0% |
Marion County | $217.6K | $205K | -5.8% |
Baxter County | $269.9K | $210.5K | -22.0% |
Housing Supply in Marion County, AR
How many homes are available in Marion County, AR?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
33 | 24 | -27.3% |
Summary: The Marion County real estate market had 24 homes for sale in May 2024, a 27.3% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 5 | 6 | +20.0% |
3 Bedrooms | 23 | 16 | -30.4% |
4 Bedrooms | 3 | 1 | -66.7% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Marion County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 20%, 3 bedroom homes decreased by 30.4%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
10 | 5 | -50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Marion County in May 2024, down by 50.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Marion County, AR
How long does it take to sell a home in Marion County, AR?
Average Sale Time
Apr 2024 | May 2024 | CHANGE |
---|---|---|
138 Days | 132 Days | -4.8% |
Summary: Homes in Marion County had an average of 132 days on market in May 2024, down by 4.8% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 5 homes were sold in Marion County; 0% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.