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

Last month, Bono was a Neutral 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

$222,900

$144/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$15,150(+7.3%)

Key Takeaway

Homes in Bono have sold for 7.3% more than they did a month ago.

Summary: The median home sold price in Bono was $222,900 in November 2024, up 7.3% from last month, and the median price per square foot was $144.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $207.7K$221.9K
+6.8%
4 -$230K
N/A
5+ --
N/A

Summary: Bono housing prices by bedroom type for November 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 6.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Bono
+7.3%
Big Creek Township
+7.3%

Housing Supply in Bono, AR

How many homes are available in Bono, AR?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1415+7.1%

Summary: The Bono real estate market had 15 homes for sale in November 2024, a 7.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1313
0.0%
4 12
+100.0%
5+ 00
0.0%

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

Number of Homes Sold

Oct 2024Nov 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were 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. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Bono in November 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% 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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