Is Maumelle, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Maumelle is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Maumelle has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Maumelle, AR

How much do homes in Maumelle, AR cost?

Median Sold Price

$329,900

$150/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$31,900(+10.7%)

Key Takeaway

Homes in Maumelle have sold for 10.7% more than they did a month ago.

Summary: The median home sold price in Maumelle was $329,900 in October 2024, up 10.7% from last month, and the median price per square foot was $150.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $172.7K$149.5K
-13.5%
3 $259.5K$274.9K
+5.9%
4 $420K$435.4K
+3.7%
5+ -$562.5K
N/A

Summary: Maumelle 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 decreased by 13.5%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Maumelle
+10.7%
Hill Township
+4.8%
Big Rock Township
+3.1%
North Little Rock
-0.1%

Housing Supply in Maumelle, AR

How many homes are available in Maumelle, AR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
123130+5.7%

Summary: The Maumelle real estate market had 130 homes for sale in October 2024, a 5.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 87
-12.5%
3 5554
-1.8%
4 4958
+18.4%
5+ 1111
0.0%

Summary: The Maumelle 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 12.5%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes increased by 18.4%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2835+25.0%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Maumelle, you may be able to get a good deal. 45.7% of homes here sold below asking price last month.

Summary: A total of 35 homes were sold or pending in Maumelle in October 2024, up by 25.0% month-over-month. Of the 35 sold homes, 46% were sold under asking, 34% were sold at asking, and 20% were sold over asking.

Days on Market for Maumelle, AR

We’re sorry, we don't have information for this market at the moment

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 Maumelle, AR

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