Is Marion County, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Marion County is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Marion County was a Buyer's Market.

Key Takeaway

Marion County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Marion County, AR

How much do homes in Marion County, AR cost?

Median Sold Price

$218,000

$138/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$68,000(+45.3%)

Key Takeaway

Homes in Marion County have sold for 45.3% more than they did a year ago.

Summary: The median home sold price in Marion County was $218,000 in October 2024, up 45.3% from last year, and the median price per square foot was $138.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $169.9K$202.5K
+19.2%
2 $97K$168K
+73.2%
3 $159.9K$225K
+40.7%
4 $129.5K$292.5K
+125.9%
5+ $67K$625K
+832.8%

Summary: Marion County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19.2%, 2 bedroom homes increased by 73.2%, 3 bedroom homes increased by 40.7%, 4 bedroom homes increased by 125.9%, and 5+ bedroom homes increased by 832.8%.

Median Sold Price Compared To Nearby Counties

Marion County
+45.3%
Boone County
+5.7%

Housing Supply in Marion County, AR

How many homes are available in Marion County, AR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4039-2.5%

Summary: The Marion County real estate market had 39 homes for sale in October 2024, a 2.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 33
0.0%
2 1413
-7.1%
3 1716
-5.9%
4 55
0.0%
5+ 12
+100.0%

Summary: The Marion County 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 decreased by 7.1%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
29+350.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Marion County, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 9 homes were sold or pending in Marion County in October 2024, up by 350.0% month-over-month. Of the 8 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.

Days on Market for Marion County, AR

How long does it take to sell a home in Marion County, AR?

Average Sale Time

Oct 2023Oct 2024CHANGE
114 Days106 Days-7.3%

Summary: Homes in Marion County had an average of 106 days on market in Oct 2024, down by 7.3% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Marion County has remained consistent over time.

Summary: During October 2024, 9 homes were sold in Marion County; 0% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 22% 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 20 Days Ago

Newest Listings in Marion County, AR

Nearby Markets to Marion County, AR

What housing markets are near Marion County, AR?