$2,196 Closing Credit*
$184,900
1,398 SqFt
3 Beds
•2 Full Baths
#24041940, Rob Spencer, Listing Office: New Horizon Real Estate
Is Manila, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Manila was a Buyer's Market.
Key Takeaway
Manila is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Manila, AR
How much do homes in Manila, AR cost?
Median Sold Price
$346,450
$172/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$68,000(+24.4%)
Key Takeaway
Homes in Manila have sold for 24.4% more than they did a month ago.
Summary: The median home sold price in Manila was $346,450 in October 2024, up 24.4% from last month, and the median price per square foot was $172.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $234.9K | - | N/A |
| 4 Bedrooms | $322K | $346.4K | +7.6% |
| 5+ Bedrooms | - | - | N/A |
Summary: Manila 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 did not change, 4 bedroom homes increased by 7.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Manila | $278.4K | $346.4K | +24.4% |
| Big Lake Township | $278.4K | $346.4K | +24.4% |
Housing Supply in Manila, AR
How many homes are available in Manila, AR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 18 | +12.5% |
Summary: The Manila real estate market had 18 homes for sale in October 2024, a 12.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 5 | 6 | +20.0% |
| 4 Bedrooms | 9 | 9 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Manila 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 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Manila, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Manila in October 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Manila, AR
We’re sorry, we don't have information for this market at the moment
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