Is Junction City, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Junction City is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Junction City has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Junction City, AR

How much do homes in Junction City, AR cost?

Median Sold Price

$117,500

$42/sqft

Based on all homes sold in August 2024.

Difference Since Last Month

-$83,500(-41.5%)

Key Takeaway

Homes in Junction City have sold for 41.5% less than they did a month ago.

Summary: The median home sold price in Junction City was $117,500 in August 2024, down 41.5% from last month, and the median price per square foot was $42.

Median Sold Price By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 --
N/A
2 --
N/A
3 $201K$170K
-15.4%
4 -$65K
N/A
5+ --
N/A

Summary: Junction City housing prices by bedroom type for August 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 15.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Junction City, AR

How many homes are available in Junction City, AR?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
440.0%

Summary: The Junction City real estate market had 4 homes for sale in August 2024, the same as July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 00
0.0%
2 00
0.0%
3 33
0.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Junction City housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was 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 Junction City, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Junction City in August 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Junction City, 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 23 Days Ago

Newest Listings in Junction City, AR

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