Is Maumelle, 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, Maumelle has remained a Seller's Market.
Key Takeaway
Maumelle is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Maumelle, AR
How much do homes in Maumelle, AR cost?
Median Sold Price
$337,950
$161/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Key Takeaway
Homes in Maumelle have sold for 29.5% more than they did a month ago.
Summary: The median home sold price in Maumelle was $337,950 in May 2024, up 29.5% from last month, and the median price per square foot was $161.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $195.9K | $220K | +12.3% |
| 3 Bedrooms | $240K | $252.5K | +5.2% |
| 4 Bedrooms | $345.6K | $445.3K | +28.9% |
| 5+ Bedrooms | - | $469.9K | N/A |
Summary: Maumelle 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 12.3%, 3 bedroom homes increased by 5.2%, 4 bedroom homes increased by 28.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Maumelle | $261K | $337.9K | +29.5% |
| Hill Township | $198.9K | $204K | +2.6% |
| Big Rock Township | $250K | $252.2K | +0.9% |
| North Little Rock | $176K | $176.5K | 0.3% |
Housing Supply in Maumelle, AR
How many homes are available in Maumelle, AR?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 101 | 111 | +9.9% |
Summary: The Maumelle real estate market had 111 homes for sale in May 2024, a 9.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 11 | 11 | 0.0% |
| 3 Bedrooms | 42 | 47 | +11.9% |
| 4 Bedrooms | 39 | 42 | +7.7% |
| 5+ Bedrooms | 9 | 11 | +22.2% |
Summary: The Maumelle housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 11.9%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 22.2%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 26 | 28 | +7.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Maumelle, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 28 homes were sold or pending in Maumelle in May 2024, up by 7.7% month-over-month. Of the 24 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.
Days on Market for Maumelle, 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.