Is Bono, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bono is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Bono has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Bono, AR

How much do homes in Bono, AR cost?

Median Sold Price

$210,000

$161/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$100,325(+91.5%)

Key Takeaway

Homes in Bono have sold for 91.5% more than they did a month ago.

Summary: The median home sold price in Bono was $210,000 in October 2024, up 91.5% from last month, and the median price per square foot was $161.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $78.2K-
N/A
3 $192.9K$210K
+8.9%
4 --
N/A
5+ --
N/A

Summary: Bono housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 8.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Bono
+91.5%
Big Creek Township
+91.5%

Housing Supply in Bono, AR

How many homes are available in Bono, AR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1514-6.7%

Summary: The Bono real estate market had 14 homes for sale in October 2024, a 6.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 20
-100.0%
3 1213
+8.3%
4 11
0.0%
5+ 00
0.0%

Summary: The Bono housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 8.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bono, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Bono in October 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Bono, 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 17 Days Ago

Newest Listings in Bono, AR

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