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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sharp County is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Sharp County was a Neutral Market.

Key Takeaway

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

Housing Prices in Sharp County, AR

How much do homes in Sharp County, AR cost?

Median Sold Price

$139,900

$99/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

+$4,900(+3.6%)

Key Takeaway

Homes in Sharp County have sold for 3.6% more than they did a month ago.

Summary: The median home sold price in Sharp County was $139,900 in May 2024, up 3.6% from last month, and the median price per square foot was $99.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 $108K$110K
+1.9%
2 $125.5K$109.9K
-12.4%
3 $145K$201.2K
+38.8%
4 $369.5K$385K
+4.2%
5+ --
N/A

Summary: Sharp County housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes increased by 1.9%, 2 bedroom homes decreased by 12.4%, 3 bedroom homes increased by 38.8%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Fulton County
+52.4%
Randolph County
+27.4%
Lawrence County
+11.4%
Sharp County
+3.6%
Izard County
-9.8%

Housing Supply in Sharp County, AR

How many homes are available in Sharp County, AR?

Number of Homes For Sale

Apr 2024May 2024CHANGE
137132-3.6%

Summary: The Sharp County real estate market had 132 homes for sale in May 2024, a 3.6% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 33
0.0%
2 5855
-5.2%
3 5751
-10.5%
4 1518
+20.0%
5+ 45
+25.0%

Summary: The Sharp County 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 decreased by 5.2%, 3 bedroom homes decreased by 10.5%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Apr 2024May 2024CHANGE
2325+8.7%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sharp County, you may be able to get a good deal. 65.2% of homes here sold below asking price last month.

Summary: A total of 25 homes were sold or pending in Sharp County in May 2024, up by 8.7% month-over-month. Of the 23 sold homes, 65% were sold under asking, 26% were sold at asking, and 9% were sold over asking.

Days on Market for Sharp County, AR

We’re sorry, we don't have information for this market at the moment

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 Sharp County, AR

Nearby Markets to Sharp County, AR

What housing markets are near Sharp County, AR?