$6,947 Closing Credit*
$585,000
1,624 SqFt
2 Beds
•2 Full Baths, 1 Partial
Listing Office: Crye-Leike REALTORS, Gentry
Is Decatur, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Decatur was a Seller's Market.
Key Takeaway
Decatur is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Decatur, AR
How much do homes in Decatur, AR cost?
Median Sold Price
$175,000
$144/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$18,500(-9.6%)
Key Takeaway
Homes in Decatur have sold for 9.6% less than they did a month ago.
Summary: The median home sold price in Decatur was $175,000 in October 2024, down 9.6% from last month, and the median price per square foot was $144.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $165K | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $193.5K | $175K | -9.6% |
| 4 Bedrooms | $250K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Decatur 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 9.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Decatur, AR
How many homes are available in Decatur, AR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 19 | 0.0% |
Summary: The Decatur real estate market had 19 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 2 | 4 | +100.0% |
| 3 Bedrooms | 10 | 9 | -10.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Decatur housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 10%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 1 | -75.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Decatur, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Decatur in October 2024, down by 75.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Decatur, AR
How long does it take to sell a home in Decatur, AR?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 76 Days | 92 Days | +21.1% |
Summary: Homes in Decatur had an average of 92 days on market in Oct 2024, up by 21.1% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Decatur are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 1 homes were sold in Decatur; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
Disclaimer: IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright © 2024 Northwest Arkansas Board of Realtors All rights reserved.