$7,450
0.38 Acres
Land
Listing Office: RE/MAX Real Estate Results
Is Diamond City, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Diamond City was a Seller's Market.
Key Takeaway
Diamond City is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Diamond City, AR
How much do homes in Diamond City, AR cost?
Median Sold Price
$139,900
$131/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$9,187(-6.2%)
Key Takeaway
Homes in Diamond City have sold for 6.2% less than they did a year ago.
Summary: The median home sold price in Diamond City was $139,900 in October 2024, down 6.2% from last year, and the median price per square foot was $131.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $100K | $65K | -35.0% |
| 2 Bedrooms | $144.5K | $135K | -6.6% |
| 3 Bedrooms | $175K | $267.5K | +52.9% |
| 4 Bedrooms | - | $55K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Diamond City housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 35%, 2 bedroom homes decreased by 6.6%, 3 bedroom homes increased by 52.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Sugar Loaf Township | $154K | $185K | +20.1% |
| Diamond City | $149K | $139.9K | -6.2% |
Housing Supply in Diamond City, AR
How many homes are available in Diamond City, AR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 6 | +20.0% |
Summary: The Diamond City real estate market had 6 homes for sale in October 2024, a 20.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Diamond City 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 increased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Diamond City, 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 Diamond City in October 2024, the same as the previous 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 Diamond City, AR
How long does it take to sell a home in Diamond City, AR?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 44 Days | 44 Days | -0.8% |
Summary: Homes in Diamond City had an average of 44 days on market in Oct 2024, down by 0.8% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Diamond City has remained consistent over time.
Summary: During October 2024, 1 homes were sold in Diamond City; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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.