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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Clarksville is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Clarksville was a Seller's Market.

Key Takeaway

Clarksville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Clarksville, AR

How much do homes in Clarksville, AR cost?

Median Sold Price

$134,500

$103/sqft

Based on all homes sold in August 2024.

Difference Since Last Month

-$65,500(-32.8%)

Key Takeaway

Homes in Clarksville have sold for 32.7% less than they did a month ago.

Summary: The median home sold price in Clarksville was $134,500 in August 2024, down 32.8% from last month, and the median price per square foot was $103.

Median Sold Price By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 --
N/A
2 $121K-
N/A
3 $242.2K$134.5K
-44.5%
4 $159.8K-
N/A
5+ $200K-
N/A

Summary: Clarksville housing prices by bedroom type for August 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 decreased by 44.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Clarksville
-32.8%
Spadra Township
-32.8%

Housing Supply in Clarksville, AR

How many homes are available in Clarksville, AR?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
4044+10.0%

Summary: The Clarksville real estate market had 44 homes for sale in August 2024, a 10.0% increase compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 00
0.0%
2 56
+20.0%
3 2123
+9.5%
4 1113
+18.2%
5+ 32
-33.3%

Summary: The Clarksville housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
71-85.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Clarksville, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Clarksville in August 2024, down by 85.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Clarksville, 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 10 Days Ago

Newest Listings in Clarksville, AR

Nearby Markets to Clarksville, AR