$3,194 Closing Credit*
$269,000
1,560 SqFt
3 Beds
•2 Full Baths
Listing Office: Joseph Walter Realty
Is Elkins, 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, Elkins was a Neutral Market.
Key Takeaway
Elkins is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Elkins, AR
How much do homes in Elkins, AR cost?
Median Sold Price
$254,900
$175/sqft
Based on all homes sold in December 2024.
Difference Since Last Month
-$65,100(-20.3%)
Key Takeaway
Homes in Elkins have sold for 20.3% less than they did a month ago.
Summary: The median home sold price in Elkins was $254,900 in December 2024, down 20.3% from last month, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $342.7K | $238.9K | -30.3% |
| 4 Bedrooms | $320K | $283K | -11.6% |
| 5+ Bedrooms | - | - | N/A |
Summary: Elkins housing prices by bedroom type for December 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 30.3%, 4 bedroom homes decreased by 11.6%, and 5+ bedroom homes did not change.
Housing Supply in Elkins, AR
How many homes are available in Elkins, AR?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 34 | 34 | 0.0% |
Summary: The Elkins real estate market had 34 homes for sale in December 2024, the same as November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 21 | 20 | -4.8% |
| 4 Bedrooms | 9 | 7 | -22.2% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Elkins housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 5 | 7 | +40.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Elkins, expect to pay close to the asking price. 57.1% of homes here sold near the asking price last month.
Summary: A total of 7 homes were sold or pending in Elkins in December 2024, up by 40.0% month-over-month. Of the 7 sold homes, 43% were sold under asking, 57% were sold at asking, and 0% were sold over asking.
Days on Market for Elkins, AR
How long does it take to sell a home in Elkins, AR?
Average Sale Time
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 83 Days | 48 Days | -41.7% |
Summary: Homes in Elkins had an average of 48 days on market in Dec 2024, down by 41.7% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Elkins has remained consistent over time.
Summary: During December 2024, 7 homes were sold in Elkins; 14% of homes were sold within 30 days, 86% 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 © 2025 Northwest Arkansas Board of Realtors All rights reserved.