$7,500
0.26 Acres
Land
#24045426, Crystal Barnes, Listing Office: Taylor Realty Group HSV
Is Garland County, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Garland County has remained a Neutral Market.
Key Takeaway
Garland County 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 Garland County, AR
How much do homes in Garland County, AR cost?
Median Sold Price
$280,000
$153/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$3,500(+1.3%)
Key Takeaway
Homes in Garland County have sold for 1.3% more than they did a month ago.
Summary: The median home sold price in Garland County was $280,000 in November 2024, up 1.3% from last month, and the median price per square foot was $153.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $105K | - | N/A |
| 2 Bedrooms | $186K | $150K | -19.4% |
| 3 Bedrooms | $285K | $266.5K | -6.5% |
| 4 Bedrooms | $351K | $349.9K | -0.3% |
| 5+ Bedrooms | $524.9K | $520K | -0.9% |
Summary: Garland County 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 decreased by 19.4%, 3 bedroom homes decreased by 6.5%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes decreased by 0.9%.
Median Sold Price Compared To Nearby Counties
| Hot Spring County | $128K | $148K | +15.6% |
| Montgomery County | $247.5K | $262.5K | +6.1% |
| Saline County | $248K | $260K | +4.8% |
| Garland County | $276.5K | $280K | +1.3% |
Housing Supply in Garland County, AR
How many homes are available in Garland County, AR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 942 | 904 | -4.0% |
Summary: The Garland County real estate market had 904 homes for sale in November 2024, a 4.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 14 | 15 | +7.1% |
| 2 Bedrooms | 205 | 207 | +1.0% |
| 3 Bedrooms | 472 | 433 | -8.3% |
| 4 Bedrooms | 177 | 171 | -3.4% |
| 5+ Bedrooms | 74 | 78 | +5.4% |
Summary: The Garland County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 7.1%, 2 bedroom homes increased by 1%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes increased by 5.4%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 146 | 142 | -2.7% |
Asking Price vs. Sold Price
84 Homes Were Sold
Under Asking
26 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Garland County, you may be able to get a good deal. 65.1% of homes here sold below asking price last month.
Summary: A total of 142 homes were sold or pending in Garland County in November 2024, down by 2.7% month-over-month. Of the 129 sold homes, 65% were sold under asking, 20% were sold at asking, and 15% were sold over asking.
Days on Market for Garland County, AR
How long does it take to sell a home in Garland County, AR?
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 Garland County are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 142 homes were sold in Garland County; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 1% of homes were sold over 90 days.
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.
© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.