Is Saline 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, Saline County has remained a Seller's Market.
Housing Prices in Saline County, AR
How much do homes in Saline County, AR cost?
Median Sold Price
$259,450
$147/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Saline County was $259,450 in May 2024, down 7% from last month, and the median price per square foot was $147.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $225K | - | N/A |
2 Bedrooms | $140.5K | $122.5K | -12.8% |
3 Bedrooms | $209.5K | $219K | +4.5% |
4 Bedrooms | $367K | $354.9K | -3.3% |
5+ Bedrooms | $642K | $449K | -30.1% |
Summary: Saline 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 12.8%, 3 bedroom homes increased by 4.5%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes decreased by 30.1%.
Median Sold Price Compared To Nearby Counties
Perry County | $159.9K | $203.5K | +27.2% |
Pulaski County | $228.7K | $234.6K | +2.6% |
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 Saline County, AR
How many homes are available in Saline County, AR?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
528 | 552 | +4.5% |
Summary: The Saline County real estate market had 552 homes for sale in May 2024, a 4.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 2 | -33.3% |
2 Bedrooms | 17 | 28 | +64.7% |
3 Bedrooms | 256 | 263 | +2.7% |
4 Bedrooms | 210 | 214 | +1.9% |
5+ Bedrooms | 42 | 45 | +7.1% |
Summary: The Saline County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 64.7%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes increased by 7.1%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
133 | 161 | +21.1% |
Asking Price vs. Sold Price
62 Homes Were Sold
Under Asking
47 Homes Were Sold
At Asking
37 Homes Were Sold
Over Asking
Summary: A total of 161 homes were sold or pending in Saline County in May 2024, up by 21.1% month-over-month. Of the 146 sold homes, 42% were sold under asking, 32% were sold at asking, and 25% were sold over asking.
Days on Market for Saline County, AR
How long does it take to sell a home in Saline County, AR?
Average Sale Time
Apr 2024 | May 2024 | CHANGE |
---|---|---|
147 Days | 134 Days | -8.9% |
Summary: Homes in Saline County had an average of 134 days on market in May 2024, down by 8.9% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During May 2024, 161 homes were sold in Saline County; 1% of homes were sold within 30 days, 1% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.