Is Johnson County, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Johnson County is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Johnson County was a Buyer's Market.

Key Takeaway

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

Housing Prices in Johnson County, AR

How much do homes in Johnson County, AR cost?

Median Sold Price

$164,500

$122/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$500(-0.3%)

Key Takeaway

The sold price of homes in Johnson County has remained the same since last month.

Summary: The median home sold price in Johnson County was $164,500 in October 2024, down 0.3% from last month, and the median price per square foot was $122.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$75K
N/A
3 $165K$164.5K
-0.3%
4 -$185K
N/A
5+ --
N/A

Summary: Johnson 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 did not change, 3 bedroom homes decreased by 0.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Franklin County
+123.8%
Johnson County
-0.3%
Pope County
-32.4%

Housing Supply in Johnson County, AR

How many homes are available in Johnson County, AR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6361-3.2%

Summary: The Johnson County real estate market had 61 homes for sale in October 2024, a 3.2% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 77
0.0%
3 3937
-5.1%
4 1515
0.0%
5+ 22
0.0%

Summary: The Johnson County 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 5.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
311+266.7%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Johnson County, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Johnson County in October 2024, up by 266.7% month-over-month. Of the 10 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.

Days on Market for Johnson County, 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 4 Days Ago

Newest Listings in Johnson County, AR

Nearby Markets to Johnson County, AR

What housing markets are near Johnson County, AR?