Is Greenland, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Greenland is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Greenland was a Seller's Market.

Key Takeaway

Greenland is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Greenland, AR

How much do homes in Greenland, AR cost?

Median Sold Price

$309,750

$175/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$63,250(+25.7%)

Key Takeaway

Homes in Greenland have sold for 25.7% more than they did a year ago.

Summary: The median home sold price in Greenland was $309,750 in November 2024, up 25.7% from last year, and the median price per square foot was $175.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $235K$189.6K
-19.3%
3 $194K$329.7K
+70.0%
4 $535K$305K
-43.0%
5+ --
N/A

Summary: Greenland housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 19.3%, 3 bedroom homes increased by 70%, 4 bedroom homes decreased by 43%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Greenland
+25.7%
Greenland Township
+7.9%
Fayetteville Township
+3.5%
Fayetteville
+3.5%

Housing Supply in Greenland, AR

How many homes are available in Greenland, AR?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
11110.0%

Summary: The Greenland real estate market had 11 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 54
-20.0%
4 34
+33.3%
5+ 22
0.0%

Summary: The Greenland 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 remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Greenland, 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 Greenland in November 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 Greenland, AR

How long does it take to sell a home in Greenland, AR?

Average Sale Time

Nov 2023Nov 2024CHANGE
84 Days58 Days-31.0%

Summary: Homes in Greenland had an average of 58 days on market in Nov 2024, down by 31% 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

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Greenland has remained consistent over time.

Summary: During November 2024, 1 homes were sold in Greenland; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Greenland, AR

Nearby Markets to Greenland, AR

What housing markets are near Greenland, AR?