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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Crossett is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Crossett was a Neutral Market.

Key Takeaway

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

Housing Prices in Crossett, AR

How much do homes in Crossett, AR cost?

Median Sold Price

$177,750

$77/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$118,250(+198.7%)

Key Takeaway

Homes in Crossett have sold for 198.7% more than they did a month ago.

Summary: The median home sold price in Crossett was $177,750 in November 2024, up 198.7% from last month, and the median price per square foot was $77.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $25K-
N/A
3 $66K$143K
+116.7%
4 -$265K
N/A
5+ --
N/A

Summary: Crossett 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 116.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Crossett
+198.7%
Egypt Township
+198.7%

Housing Supply in Crossett, AR

How many homes are available in Crossett, AR?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3938-2.6%

Summary: The Crossett real estate market had 38 homes for sale in November 2024, a 2.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 31
-66.7%
3 3031
+3.3%
4 56
+20.0%
5+ 10
-100.0%

Summary: The Crossett 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 66.7%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
67+16.7%

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 Crossett, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Crossett in November 2024, up by 16.7% 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 Crossett, 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 Crossett, AR

Nearby Markets to Crossett, AR