$2,375 Closing Credit*
$200,000
1,396 SqFt
3 Beds
•2 Full Baths
#24044853, Ricky Jones, Listing Office: R. L. Jones Construction & Realty
Is Mabelvale, 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, Mabelvale has remained a Seller's Market.
Key Takeaway
Mabelvale is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mabelvale, AR
How much do homes in Mabelvale, AR cost?
Median Sold Price
$143,100
$114/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$5,900(-4.0%)
Key Takeaway
Homes in Mabelvale have sold for 4% less than they did a month ago.
Summary: The median home sold price in Mabelvale was $143,100 in November 2024, down 4% from last month, and the median price per square foot was $114.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $148K | - | N/A |
| 3 Bedrooms | $132.5K | $198.3K | +49.7% |
| 4 Bedrooms | $294.7K | $40K | -86.4% |
| 5+ Bedrooms | $265K | - | N/A |
Summary: Mabelvale housing prices by bedroom type for November 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 49.7%, 4 bedroom homes decreased by 86.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Hurricane Township | $192.3K | $358K | +86.2% |
| Banner Township | $327.5K | $331K | +1.1% |
| Mabelvale | $149K | $143.1K | -4.0% |
Housing Supply in Mabelvale, AR
How many homes are available in Mabelvale, AR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 33 | 30 | -9.1% |
Summary: The Mabelvale real estate market had 30 homes for sale in November 2024, a 9.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 1 | -66.7% |
| 3 Bedrooms | 19 | 20 | +5.3% |
| 4 Bedrooms | 7 | 6 | -14.3% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Mabelvale housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 66.7%, 3 bedroom homes increased by 5.3%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 6 | -40.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mabelvale, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Mabelvale in November 2024, down by 40.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.
Days on Market for Mabelvale, AR
We’re sorry, we don't have information for this market at the moment
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.