Is Lead Hill, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lead Hill is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Lead Hill was a Seller's Market.

Key Takeaway

Lead Hill is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Lead Hill, AR

How much do homes in Lead Hill, AR cost?

Median Sold Price

$196,000

$159/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$40,000(+25.6%)

Key Takeaway

Homes in Lead Hill have sold for 25.6% more than they did a year ago.

Summary: The median home sold price in Lead Hill was $196,000 in October 2024, up 25.6% from last year, and the median price per square foot was $159.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $362.4K$65K
-82.1%
2 $149K$172.5K
+15.7%
3 $175K$234K
+33.7%
4 -$148.7K
N/A
5+ -$559.5K
N/A

Summary: Lead Hill housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 82.1%, 2 bedroom homes increased by 15.7%, 3 bedroom homes increased by 33.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Lead Hill
+25.6%
Sugar Loaf Township
+20.1%

Housing Supply in Lead Hill, AR

How many homes are available in Lead Hill, AR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1315+15.4%

Summary: The Lead Hill real estate market had 15 homes for sale in October 2024, a 15.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 55
0.0%
4 46
+50.0%
5+ 10
-100.0%

Summary: The Lead Hill 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 increased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lead Hill, 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 Lead Hill in October 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Lead Hill, AR

How long does it take to sell a home in Lead Hill, AR?

Average Sale Time

Oct 2023Oct 2024CHANGE
44 Days98 Days+121.1%

Summary: Homes in Lead Hill had an average of 98 days on market in Oct 2024, up by 121.1% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Lead Hill has remained consistent over time.

Summary: During October 2024, 2 homes were sold in Lead Hill; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 25 Days Ago

Newest Listings in Lead Hill, AR

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