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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Conway County is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Conway County was a Neutral Market.

Key Takeaway

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

Housing Prices in Conway County, AR

How much do homes in Conway County, AR cost?

Median Sold Price

$143,750

$84/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$21,250(-12.9%)

Key Takeaway

Homes in Conway County have sold for 12.9% less than they did a month ago.

Summary: The median home sold price in Conway County was $143,750 in November 2024, down 12.9% from last month, and the median price per square foot was $84.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $16.2K$150K
+823.1%
3 $178.5K$105K
-41.2%
4 -$319.5K
N/A
5+ --
N/A

Summary: Conway County 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 increased by 823.1%, 3 bedroom homes decreased by 41.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Faulkner County
-4.9%
Conway County
-12.9%

Housing Supply in Conway County, AR

How many homes are available in Conway County, AR?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5456+3.7%

Summary: The Conway County real estate market had 56 homes for sale in November 2024, a 3.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 86
-25.0%
3 3336
+9.1%
4 89
+12.5%
5+ 33
0.0%

Summary: The Conway County 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 decreased by 25%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
96-33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Conway County, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 6 homes were sold or pending in Conway County in November 2024, down by 33.3% month-over-month. Of the 6 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.

Days on Market for Conway 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 21 Days Ago

Newest Listings in Conway County, AR

Nearby Markets to Conway County, AR

What housing markets are near Conway County, AR?