Is Searcy, 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, Searcy has remained a Seller's Market.
Housing Prices in Searcy, AR
How much do homes in Searcy, AR cost?
Median Sold Price
$195,000
$119/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Searcy was $195,000 in May 2024, up 7.4% from last month, and the median price per square foot was $119.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $15K | N/A |
2 Bedrooms | $154.4K | $140K | -9.3% |
3 Bedrooms | $172.5K | $195K | +13.0% |
4 Bedrooms | $265K | $390K | +47.2% |
5+ Bedrooms | $390K | $368.5K | -5.5% |
Summary: Searcy 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 9.3%, 3 bedroom homes increased by 13%, 4 bedroom homes increased by 47.2%, and 5+ bedroom homes decreased by 5.5%.
Median Sold Price Compared To Nearby Cities
Kensett | $63.5K | $196.5K | +209.4% |
Kensett Township | $63.5K | $196.5K | +209.4% |
Higginson | $159.9K | $210K | +31.3% |
Gray Township | $177.5K | $191K | +7.6% |
Searcy | $181.5K | $195K | +7.4% |
Housing Supply in Searcy, AR
How many homes are available in Searcy, AR?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
126 | 134 | +6.3% |
Summary: The Searcy real estate market had 134 homes for sale in May 2024, a 6.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 15 | 15 | 0.0% |
3 Bedrooms | 75 | 76 | +1.3% |
4 Bedrooms | 26 | 32 | +23.1% |
5+ Bedrooms | 9 | 10 | +11.1% |
Summary: The Searcy 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 1.3%, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
28 | 53 | +89.3% |
Asking Price vs. Sold Price
27 Homes Were Sold
Under Asking
19 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 53 homes were sold or pending in Searcy in May 2024, up by 89.3% month-over-month. Of the 50 sold homes, 54% were sold under asking, 38% were sold at asking, and 8% were sold over asking.
Days on Market for Searcy, AR
We’re sorry, we don't have information for this market at the moment