$4,274 Closing Credit*
$359,900
2,495 SqFt
3 Beds
•2 Full Baths, 1 Partial
#24042459, Carla Scafidel, Listing Office: McKimmey Associates REALTORS NLR
Is Lonoke County, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Lonoke County has remained a Seller's Market.
Key Takeaway
Lonoke County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lonoke County, AR
How much do homes in Lonoke County, AR cost?
Median Sold Price
$236,500
$144/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$250(+0.1%)
Key Takeaway
The sold price of homes in Lonoke County has remained the same since last month.
Summary: The median home sold price in Lonoke County was $236,500 in October 2024, up 0.1% from last month, and the median price per square foot was $144.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $140K | N/A |
| 2 Bedrooms | $120K | $125K | +4.2% |
| 3 Bedrooms | $220.2K | $234.1K | +6.3% |
| 4 Bedrooms | $299.9K | $243K | -19.0% |
| 5+ Bedrooms | $458K | $477.7K | +4.3% |
Summary: Lonoke 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 increased by 4.2%, 3 bedroom homes increased by 6.3%, 4 bedroom homes decreased by 19%, and 5+ bedroom homes increased by 4.3%.
Median Sold Price Compared To Nearby Counties
| Prairie County | $38K | $123K | +223.7% |
| Pulaski County | $225K | $236K | +4.9% |
| White County | $203.1K | $203.9K | 0.4% |
| Lonoke County | $236.2K | $236.5K | 0.1% |
| Jefferson County | $120K | $95K | -20.8% |
Housing Supply in Lonoke County, AR
How many homes are available in Lonoke County, AR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 367 | 397 | +8.2% |
Summary: The Lonoke County real estate market had 397 homes for sale in October 2024, a 8.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 17 | 14 | -17.6% |
| 3 Bedrooms | 195 | 204 | +4.6% |
| 4 Bedrooms | 133 | 155 | +16.5% |
| 5+ Bedrooms | 21 | 23 | +9.5% |
Summary: The Lonoke 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 decreased by 17.6%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 16.5%, and 5+ bedroom homes increased by 9.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 87 | 71 | -18.4% |
Asking Price vs. Sold Price
27 Homes Were Sold
Under Asking
28 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lonoke County, expect to pay close to the asking price. 43.1% of homes here sold near the asking price last month.
Summary: A total of 71 homes were sold or pending in Lonoke County in October 2024, down by 18.4% month-over-month. Of the 65 sold homes, 42% were sold under asking, 43% were sold at asking, and 15% were sold over asking.
Days on Market for Lonoke County, AR
We’re sorry, we don't have information for this market at the moment
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© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.