$2,233 Closing Credit*
$188,000
3,307 SqFt
3 Beds
•3 Full Baths
#24045492, Bobbie Dumas, Listing Office: Southern Realty Group
Is El Dorado, 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, El Dorado was a Buyer's Market.
Key Takeaway
El Dorado is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in El Dorado, AR
How much do homes in El Dorado, AR cost?
Median Sold Price
$202,000
$100/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$52,000(+34.7%)
Key Takeaway
Homes in El Dorado have sold for 34.7% more than they did a month ago.
Summary: The median home sold price in El Dorado was $202,000 in November 2024, up 34.7% from last month, and the median price per square foot was $100.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $58.5K | $72.2K | +23.5% |
| 3 Bedrooms | $155K | $125K | -19.4% |
| 4 Bedrooms | $537.5K | $354.5K | -34.0% |
| 5+ Bedrooms | $192.5K | $477K | +147.8% |
Summary: El Dorado 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 23.5%, 3 bedroom homes decreased by 19.4%, 4 bedroom homes decreased by 34%, and 5+ bedroom homes increased by 147.8%.
Median Sold Price Compared To Nearby Cities
| El Dorado | $150K | $202K | +34.7% |
| El Dorado Township | $150K | $202K | +34.7% |
Housing Supply in El Dorado, AR
How many homes are available in El Dorado, AR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 110 | 103 | -6.4% |
Summary: The El Dorado real estate market had 103 homes for sale in November 2024, a 6.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 16 | 12 | -25.0% |
| 3 Bedrooms | 54 | 53 | -1.9% |
| 4 Bedrooms | 31 | 30 | -3.2% |
| 5+ Bedrooms | 9 | 8 | -11.1% |
Summary: The El Dorado 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 decreased by 1.9%, 4 bedroom homes decreased by 3.2%, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 20 | +25.0% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in El Dorado, you may be able to get a good deal. 64.7% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in El Dorado in November 2024, up by 25.0% month-over-month. Of the 17 sold homes, 65% were sold under asking, 18% were sold at asking, and 18% were sold over asking.
Days on Market for El Dorado, AR
We’re sorry, we don't have information for this market at the moment
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Cooperative Arkansas REALTORS® Multiple Listing Services, Inc. Real estate listings, held by brokerage firms other than this broker, are marked with the Broker Reciprocity℠ logo and information about them includes the name of the listing brokers. The 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 data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2024 Cooperative Arkansas Realtors MLS. All Rights Reserved.