$10,000 Closing Credit*
$879,000
3,673 SqFt
3 Beds
•3 Full Baths
#24042962, Mark McKenzie, Listing Office: McKenzie Realty Group
Is Heber Springs, 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, Heber Springs has remained a Buyer's Market.
Key Takeaway
Heber Springs is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Heber Springs, AR
How much do homes in Heber Springs, AR cost?
Median Sold Price
$299,000
$150/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$54,000(+22.0%)
Key Takeaway
Homes in Heber Springs have sold for 22% more than they did a month ago.
Summary: The median home sold price in Heber Springs was $299,000 in November 2024, up 22% from last month, and the median price per square foot was $150.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $199.9K | - | N/A |
| 2 Bedrooms | $30K | $110K | +266.7% |
| 3 Bedrooms | $340K | $274.4K | -19.3% |
| 4 Bedrooms | $416.2K | - | N/A |
| 5+ Bedrooms | $201.8K | $462.5K | +129.1% |
Summary: Heber Springs 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 increased by 266.7%, 3 bedroom homes decreased by 19.3%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 129.1%.
Median Sold Price Compared To Nearby Cities
| Valley Township | $265K | $799K | +201.5% |
| Heber Springs | $245K | $299K | +22.0% |
| Heber Township | $252.5K | $274.4K | +8.7% |
Housing Supply in Heber Springs, AR
How many homes are available in Heber Springs, AR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 122 | 123 | +0.8% |
Summary: The Heber Springs real estate market had 123 homes for sale in November 2024, a 0.8% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 26 | 28 | +7.7% |
| 3 Bedrooms | 52 | 53 | +1.9% |
| 4 Bedrooms | 28 | 29 | +3.6% |
| 5+ Bedrooms | 13 | 11 | -15.4% |
Summary: The Heber Springs housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes decreased by 15.4%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 18 | +28.6% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Heber Springs, expect to pay close to the asking price. 53.8% of homes here sold near the asking price last month.
Summary: A total of 18 homes were sold or pending in Heber Springs in November 2024, up by 28.6% month-over-month. Of the 13 sold homes, 38% were sold under asking, 54% were sold at asking, and 8% were sold over asking.
Days on Market for Heber Springs, AR
We’re sorry, we don't have information for this market at the moment
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.