$430,000
1,932 SqFt
4 Beds
•2 Full Baths, 1 Partial
Listing Office: Coldwell Banker Harris McHaney & Faucette-Rogers
August 2024
Report Updated 19 Days Ago
Is Lowell, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
Since last year, Lowell has remained a Seller's Market.
How much do homes in Lowell, AR cost?
$350,000
$201/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
Summary: The median home sold price in Lowell was $350,000 in August 2024, up 8% from last year, and the median price per square foot was $201.
# BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $224.9K | - | N/A |
2 Bedrooms | $205.7K | $224K | +8.9% |
3 Bedrooms | $296K | $315K | +6.4% |
4 Bedrooms | $430K | $390K | -9.3% |
5+ Bedrooms | $595K | $932.5K | +56.7% |
Summary: Lowell housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.9%, 3 bedroom homes increased by 6.4%, 4 bedroom homes decreased by 9.3%, and 5+ bedroom homes increased by 56.7%.
Lowell | $324.1K | $350K | +8.0% |
Rogers | $387.7K | $393.8K | +1.6% |
Bethel Heights | $355K | $309K | -13.0% |
How many homes are available in Lowell, AR?
Jul 2024 | Aug 2024 | CHANGE |
---|---|---|
58 | 53 | -8.6% |
Summary: The Lowell real estate market had 53 homes for sale in August 2024, a 8.6% decrease compared to July 2024.
# BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 37 | 36 | -2.7% |
4 Bedrooms | 15 | 11 | -26.7% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Lowell 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 decreased by 2.7%, 4 bedroom homes decreased by 26.7%, and 5+ bedroom homes remained the same.
Jul 2024 | Aug 2024 | CHANGE |
---|---|---|
13 | 16 | +23.1% |
10 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in Lowell in August 2024, up by 23.1% month-over-month. Of the 16 sold homes, 63% were sold under asking, 25% were sold at asking, and 13% were sold over asking.
How long does it take to sell a home in Lowell, AR?
Aug 2023 | Aug 2024 | CHANGE |
---|---|---|
52 Days | 62 Days | +19.6% |
Summary: Homes in Lowell had an average of 62 days on market in Aug 2024, up by 19.6% compared to last year.
1 Home Was Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During August 2024, 16 homes were sold in Lowell; 6% of homes were sold within 30 days, 81% of homes were sold within 30 to 90 days, and 13% 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 19 Days Ago
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MLS Disclaimers and Copyright
Based on information from Northwest Arkansas Board of Realtors MLS / Arkansas Regional MLS LLC, and Cooperative Arkansas REALTORS® MLS for the period 09/01/2022 - 09/01/2024
Disclaimer: IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright © 2024 Northwest Arkansas Board of Realtors All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 9/20/2024, 5:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Cooperative Arkansas REALTORS® Multiple Listing Services, Inc. Real estate listings, held by brokerage firms other than this broker, are marked with the Broker Reciprocity℠ logo and information about them includes the name of the listing brokers. The IDX information is provided exclusively for consumers’ personal, non-commercial use that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2024 Cooperative Arkansas Realtors MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 9/20/2024, 5:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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