Is Greers Ferry, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Greers Ferry is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Greers Ferry was a Buyer's Market.

Key Takeaway

Greers Ferry is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Greers Ferry, AR

How much do homes in Greers Ferry, AR cost?

Median Sold Price

$495,000

$266/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$195,000(+65.0%)

Key Takeaway

Homes in Greers Ferry have sold for 65% more than they did a month ago.

Summary: The median home sold price in Greers Ferry was $495,000 in October 2024, up 65% from last month, and the median price per square foot was $266.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$465K
N/A
3 $300K$495K
+65.0%
4 -$749K
N/A
5+ --
N/A

Summary: Greers Ferry housing prices by bedroom type for October 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 increased by 65%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Greers Ferry
+65.0%
Giles Township
+55.0%
Edgemont
+29.1%

Housing Supply in Greers Ferry, AR

How many homes are available in Greers Ferry, AR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1413-7.1%

Summary: The Greers Ferry real estate market had 13 homes for sale in October 2024, a 7.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 76
-14.3%
4 55
0.0%
5+ 00
0.0%

Summary: The Greers Ferry housing inventory by bedroom type for October 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 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Greers Ferry, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Greers Ferry in October 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Greers Ferry, AR

We’re sorry, we don't have information for this market at the moment

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

Report Updated 20 Days Ago

Newest Listings in Greers Ferry, AR

Nearby Markets to Greers Ferry, AR

What housing markets are near Greers Ferry, AR?