$2,078 Closing Credit*
$175,000
1,154 SqFt
4 Beds
•2 Full Baths
#24041570, Kimberly Koenen, Listing Office: Southern Breeze Real Estate
Is Mountain Home, 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, Mountain Home has remained a Buyer's Market.
Key Takeaway
Mountain Home is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Mountain Home, AR
How much do homes in Mountain Home, AR cost?
Median Sold Price
$235,000
$148/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$14,900(-6.0%)
Key Takeaway
Homes in Mountain Home have sold for 6% less than they did a month ago.
Summary: The median home sold price in Mountain Home was $235,000 in October 2024, down 6% from last month, and the median price per square foot was $148.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $154.9K | N/A |
| 3 Bedrooms | $252.4K | $235K | -6.9% |
| 4 Bedrooms | $184K | $420K | +128.3% |
| 5+ Bedrooms | - | - | N/A |
Summary: Mountain Home 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 decreased by 6.9%, 4 bedroom homes increased by 128.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Mountain Home | $249.9K | $235K | -6.0% |
| Mountain Home Township | $249.9K | $235K | -6.0% |
Housing Supply in Mountain Home, AR
How many homes are available in Mountain Home, AR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 46 | 49 | +6.5% |
Summary: The Mountain Home real estate market had 49 homes for sale in October 2024, a 6.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 10 | 10 | 0.0% |
| 3 Bedrooms | 25 | 27 | +8.0% |
| 4 Bedrooms | 8 | 9 | +12.5% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Mountain Home 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 remained the same, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mountain Home, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.
Summary: A total of 5 homes were sold or pending in Mountain Home in October 2024, the same as the previous month. Of the 5 sold homes, 40% were sold under asking, 60% were sold at asking, and 0% were sold over asking.
Days on Market for Mountain Home, AR
How long does it take to sell a home in Mountain Home, AR?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 32 Days | 78 Days | +144.8% |
Summary: Homes in Mountain Home had an average of 78 days on market in Oct 2024, up by 144.8% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Mountain Home has remained consistent over time.
Summary: During October 2024, 5 homes were sold in Mountain Home; 0% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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.