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.
Housing Prices in Mabelvale, AR
How much do homes in Mabelvale, AR cost?
Median Sold Price
$159,500
$131/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Mabelvale was $159,500 in May 2024, down 10.4% from last month, and the median price per square foot was $131.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $152K | $159.5K | +4.9% |
4 Bedrooms | $325K | $190K | -41.5% |
5+ Bedrooms | - | - | N/A |
Summary: Mabelvale housing prices by bedroom type for May 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 4.9%, 4 bedroom homes decreased by 41.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Hurricane Township | $183K | $243.4K | +33.0% |
Banner Township | $302.5K | $273.7K | -9.5% |
Mabelvale | $178K | $159.5K | -10.4% |
Otter Township | $279K | $205.5K | -26.3% |
Shannon Hills | $279K | $190.4K | -31.7% |
Housing Supply in Mabelvale, AR
How many homes are available in Mabelvale, AR?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
29 | 33 | +13.8% |
Summary: The Mabelvale real estate market had 33 homes for sale in May 2024, a 13.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 0 | 1 | +100.0% |
3 Bedrooms | 19 | 20 | +5.3% |
4 Bedrooms | 9 | 10 | +11.1% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Mabelvale housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
7 | 9 | +28.6% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Mabelvale in May 2024, up by 28.6% month-over-month. Of the 8 sold homes, 63% were sold under asking, 25% were sold at asking, and 13% were sold over asking.
Days on Market for Mabelvale, AR
We’re sorry, we don't have information for this market at the moment