$1,900 Closing Credit*
$160,000
1,562 SqFt
2 Beds
•2 Full Baths
#24041500, Laceann Erwin, Listing Office: IRealty Arkansas - Cabot
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
$149,000
$113/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$4,250(+2.9%)
Key Takeaway
Homes in Mabelvale have sold for 2.9% more than they did a month ago.
Summary: The median home sold price in Mabelvale was $149,000 in October 2024, up 2.9% from last month, and the median price per square foot was $113.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $148K | N/A |
| 3 Bedrooms | $122K | $145K | +18.9% |
| 4 Bedrooms | $390K | $400K | +2.6% |
| 5+ Bedrooms | - | - | N/A |
Summary: Mabelvale 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 did not change, 3 bedroom homes increased by 18.9%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Banner Township | $270K | $327.5K | +21.3% |
| Shannon Hills | $167.5K | $176K | +5.1% |
| Mabelvale | $144.7K | $149K | +2.9% |
| Otter Township | $180K | $179.2K | -0.4% |
Housing Supply in Mabelvale, AR
How many homes are available in Mabelvale, AR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 30 | 34 | +13.3% |
Summary: The Mabelvale real estate market had 34 homes for sale in October 2024, a 13.3% 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 | 2 | 3 | +50.0% |
| 3 Bedrooms | 20 | 21 | +5.0% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Mabelvale 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 increased by 50%, 3 bedroom homes increased by 5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 6 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mabelvale, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in Mabelvale in October 2024, the same as the previous month. Of the 6 sold homes, 33% were sold under asking, 17% were sold at asking, and 50% 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.