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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Marion County is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Marion County has remained a Seller's Market.

Key Takeaway

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

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

-$12,600(-5.8%)

Key Takeaway

Homes in Marion County have sold for 5.8% less than they did a month ago.

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

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 $60K$40K
-33.3%
3 $217.6K$230K
+5.7%
4 $275K-
N/A
5+ --
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
+122.9%
Searcy County
+17.0%
Marion County
-5.8%
Baxter County
-22.0%

Housing Supply in Marion County, AR

How many homes are available in Marion County, AR?

Number of Homes For Sale

Apr 2024May 2024CHANGE
3324-27.3%

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

# BEDSApr 2024May 2024CHANGE
1 10
-100.0%
2 56
+20.0%
3 2316
-30.4%
4 31
-66.7%
5+ 11
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 2024May 2024CHANGE
105-50.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Marion County, you may be able to get a good deal. 60% of homes here sold below asking price last month.

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 2024May 2024CHANGE
138 Days132 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

Breakdown of Home Sale Times

Key Takeaway

Most homes in Marion County are taking a long time to sell, it's a good idea to negotiate on homes here.

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.

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 Marion County, AR

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What housing markets are near Marion County, AR?