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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ouachita County is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Ouachita County has remained a Buyer's Market.

Key Takeaway

Ouachita County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Ouachita County, AR

How much do homes in Ouachita County, AR cost?

Median Sold Price

$74,500

$58/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$105,500(-58.6%)

Key Takeaway

Homes in Ouachita County have sold for 58.6% less than they did a month ago.

Summary: The median home sold price in Ouachita County was $74,500 in October 2024, down 58.6% from last month, and the median price per square foot was $58.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $122.5K$70K
-42.9%
3 $180K$74.5K
-58.6%
4 -$450K
N/A
5+ $440K-
N/A

Summary: Ouachita County 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 42.9%, 3 bedroom homes decreased by 58.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Dallas County
+53.3%
Columbia County
-9.4%
Union County
-12.7%
Ouachita County
-58.6%
Calhoun County
-88.7%

Housing Supply in Ouachita County, AR

How many homes are available in Ouachita County, AR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
75750.0%

Summary: The Ouachita County real estate market had 75 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 1211
-8.3%
3 4441
-6.8%
4 1520
+33.3%
5+ 32
-33.3%

Summary: The Ouachita 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 8.3%, 3 bedroom homes decreased by 6.8%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
910+11.1%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ouachita County, you may be able to get a good deal. 88.9% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Ouachita County in October 2024, up by 11.1% month-over-month. Of the 9 sold homes, 89% were sold under asking, 11% were sold at asking, and 0% were sold over asking.

Days on Market for Ouachita County, 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 4 Days Ago

Newest Listings in Ouachita County, AR

Nearby Markets to Ouachita County, AR

What housing markets are near Ouachita County, AR?