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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hensley is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Hensley was a Neutral Market.

Key Takeaway

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

Housing Prices in Hensley, AR

How much do homes in Hensley, AR cost?

Median Sold Price

$327,500

$177/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$61,050(+22.9%)

Key Takeaway

Homes in Hensley have sold for 22.9% more than they did a month ago.

Summary: The median home sold price in Hensley was $327,500 in October 2024, up 22.9% from last month, and the median price per square foot was $177.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$380K
N/A
3 $227.9K$254.7K
+11.8%
4 $439.5K$355K
-19.2%
5+ -$594.9K
N/A

Summary: Hensley 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 11.8%, 4 bedroom homes decreased by 19.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Hensley
+22.9%
Banner Township
+21.3%
Mabelvale
+2.9%

Housing Supply in Hensley, AR

How many homes are available in Hensley, AR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2625-3.8%

Summary: The Hensley real estate market had 25 homes for sale in October 2024, a 3.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1413
-7.1%
4 88
0.0%
5+ 33
0.0%

Summary: The Hensley 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 7.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
46+50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

5 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hensley, expect to pay close to the asking price. 83.3% of homes here sold near the asking price last month.

Summary: A total of 6 homes were sold or pending in Hensley in October 2024, up by 50.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 83% were sold at asking, and 0% were sold over asking.

Days on Market for Hensley, 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 16 Days Ago

Newest Listings in Hensley, AR

Nearby Markets to Hensley, AR

What housing markets are near Hensley, AR?