$2,968 Closing Credit*
$249,900
1,366 SqFt
3 Beds
•1 Full Bath
Listing Office: Coldwell Banker Harris McHaney & Faucette-Rogers
Is Gentry, 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, Gentry was a Seller's Market.
Key Takeaway
Gentry 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 Gentry, AR
How much do homes in Gentry, AR cost?
Median Sold Price
$280,750
$168/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$15,750(+5.9%)
Key Takeaway
Homes in Gentry have sold for 5.9% more than they did a year ago.
Summary: The median home sold price in Gentry was $280,750 in October 2024, up 5.9% from last year, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $245K | $155K | -36.7% |
| 3 Bedrooms | $249.9K | $262.8K | +5.2% |
| 4 Bedrooms | $269.9K | $309.1K | +14.6% |
| 5+ Bedrooms | $422.8K | $489K | +15.7% |
Summary: Gentry housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 36.7%, 3 bedroom homes increased by 5.2%, 4 bedroom homes increased by 14.6%, and 5+ bedroom homes increased by 15.7%.
Housing Supply in Gentry, AR
How many homes are available in Gentry, AR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 54 | 61 | +13.0% |
Summary: The Gentry real estate market had 61 homes for sale in October 2024, a 13.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 8 | 8 | 0.0% |
| 3 Bedrooms | 27 | 29 | +7.4% |
| 4 Bedrooms | 16 | 20 | +25.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Gentry housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 9 | -18.2% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Gentry, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Gentry in October 2024, down by 18.2% month-over-month. Of the 9 sold homes, 44% were sold under asking, 33% were sold at asking, and 22% were sold over asking.
Days on Market for Gentry, AR
How long does it take to sell a home in Gentry, AR?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 105 Days | 89 Days | -15.2% |
Summary: Homes in Gentry had an average of 89 days on market in Oct 2024, down by 15.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Gentry has remained consistent over time.
Summary: During October 2024, 9 homes were sold in Gentry; 11% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 44% 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.