$1,780 Closing Credit*
$149,900
1,357 SqFt
2 Beds
•2 Full Baths
#24042104, Shalyn Carlile, Listing Office: Venture Realty Group - Batesville
Is Independence County, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Independence County was a Buyer's Market.
Key Takeaway
Independence County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Independence County, AR
How much do homes in Independence County, AR cost?
Median Sold Price
$175,000
$106/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$35,000(+25.0%)
Key Takeaway
Homes in Independence County have sold for 25% more than they did a month ago.
Summary: The median home sold price in Independence County was $175,000 in October 2024, up 25% from last month, and the median price per square foot was $106.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $115K | $107K | -7.0% |
| 3 Bedrooms | $182.9K | $202.5K | +10.7% |
| 4 Bedrooms | $310K | $192.4K | -37.9% |
| 5+ Bedrooms | - | - | N/A |
Summary: Independence County 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 decreased by 7%, 3 bedroom homes increased by 10.7%, 4 bedroom homes decreased by 37.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
| Cleburne County | $217.5K | $337.5K | +55.2% |
| Independence County | $140K | $175K | +25.0% |
| Jackson County | $105.5K | $129.2K | +22.5% |
| Lawrence County | $140K | $134.6K | -3.8% |
| Sharp County | $144K | $128.5K | -10.8% |
Housing Supply in Independence County, AR
How many homes are available in Independence County, AR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 87 | 86 | -1.1% |
Summary: The Independence County real estate market had 86 homes for sale in October 2024, a 1.1% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 3 | -25.0% |
| 2 Bedrooms | 15 | 14 | -6.7% |
| 3 Bedrooms | 44 | 45 | +2.3% |
| 4 Bedrooms | 17 | 16 | -5.9% |
| 5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Independence County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 6.7%, 3 bedroom homes increased by 2.3%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 15 | +25.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Independence County, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in Independence County in October 2024, up by 25.0% month-over-month. Of the 15 sold homes, 67% were sold under asking, 13% were sold at asking, and 20% were sold over asking.
Days on Market for Independence County, 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.