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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cleveland County is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Cleveland County was a Seller's Market.

Key Takeaway

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

Housing Prices in Cleveland County, AR

How much do homes in Cleveland County, AR cost?

Median Sold Price

$222,500

$147/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$35,500(+19.0%)

Key Takeaway

Homes in Cleveland County have sold for 19% more than they did a month ago.

Summary: The median home sold price in Cleveland County was $222,500 in October 2024, up 19% from last month, and the median price per square foot was $147.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $331K$222.5K
-32.8%
4 $108.5K-
N/A
5+ --
N/A

Summary: Cleveland County 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 decreased by 32.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Dallas County
+53.3%
Cleveland County
+19.0%
Grant County
-7.5%
Calhoun County
-88.7%

Housing Supply in Cleveland County, AR

How many homes are available in Cleveland County, AR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1216+33.3%

Summary: The Cleveland County real estate market had 16 homes for sale in October 2024, a 33.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 812
+50.0%
4 22
0.0%
5+ 00
0.0%

Summary: The Cleveland County 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 remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cleveland County, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Cleveland County in October 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Cleveland 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 17 Days Ago

Newest Listings in Cleveland County, AR

Nearby Markets to Cleveland County, AR

What housing markets are near Cleveland County, AR?