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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Leola is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Leola was a Seller's Market.

Key Takeaway

Leola is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Leola, AR

How much do homes in Leola, AR cost?

Median Sold Price

$319,950

$213/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$15,743(+5.2%)

Key Takeaway

Homes in Leola have sold for 5.2% more than they did a month ago.

Summary: The median home sold price in Leola was $319,950 in December 2024, up 5.2% from last month, and the median price per square foot was $213.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 $294.5K$319.9K
+8.6%
4 $324.7K-
N/A
5+ --
N/A

Summary: Leola housing prices by bedroom type for December 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 8.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Leola
+5.2%
Leola
+5.2%

Housing Supply in Leola, AR

How many homes are available in Leola, AR?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
56+20.0%

Summary: The Leola real estate market had 6 homes for sale in December 2024, a 20.0% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 02
+100.0%
3 31
-66.7%
4 23
+50.0%
5+ 00
0.0%

Summary: The Leola housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 66.7%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

0 Homes Were 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 Leola, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Leola in December 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Leola, AR

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

Average Sale Time

Nov 2024Dec 2024CHANGE
206 Days46 Days-77.7%

Summary: Homes in Leola had an average of 46 days on market in Dec 2024, down by 77.7% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Leola has remained consistent over time.

Summary: During December 2024, 1 homes were sold in Leola; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 2 Days Ago

Newest Listings in Leola, AR

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