Is Stone 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, Stone County has remained a Neutral Market.
Key Takeaway
Stone County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Stone County, AR
How much do homes in Stone County, AR cost?
Median Sold Price
$300,000
$156/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Key Takeaway
Homes in Stone County have sold for 26.8% more than they did a month ago.
Summary: The median home sold price in Stone County was $300,000 in May 2024, up 26.8% from last month, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $158K | $240K | +51.9% |
| 3 Bedrooms | $265K | $375K | +41.5% |
| 4 Bedrooms | $418K | - | N/A |
| 5+ Bedrooms | - | $1.2M | N/A |
Summary: Stone 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 increased by 51.9%, 3 bedroom homes increased by 41.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
| Stone County | $236.5K | $300K | +26.8% |
| Cleburne County | $220K | $275K | +25.0% |
| Van Buren County | $188.5K | $175K | -7.2% |
| Izard County | $321.5K | $289.9K | -9.8% |
| Baxter County | $269.9K | $210.5K | -22.0% |
Housing Supply in Stone County, AR
How many homes are available in Stone County, AR?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 61 | 68 | +11.5% |
Summary: The Stone County real estate market had 68 homes for sale in May 2024, a 11.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 8 | +14.3% |
| 2 Bedrooms | 15 | 17 | +13.3% |
| 3 Bedrooms | 24 | 29 | +20.8% |
| 4 Bedrooms | 12 | 11 | -8.3% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Stone County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 14.3%, 2 bedroom homes increased by 13.3%, 3 bedroom homes increased by 20.8%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 9 | 10 | +11.1% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Stone County, you may be able to get a good deal. 77.8% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Stone County in May 2024, up by 11.1% month-over-month. Of the 9 sold homes, 78% were sold under asking, 22% were sold at asking, and 0% were sold over asking.
Days on Market for Stone County, 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.