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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pangburn is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Pangburn was a Neutral Market.

Key Takeaway

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

Housing Prices in Pangburn, AR

How much do homes in Pangburn, AR cost?

Median Sold Price

$192,000

$99/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$275,500(-58.9%)

Key Takeaway

Homes in Pangburn have sold for 58.9% less than they did a month ago.

Summary: The median home sold price in Pangburn was $192,000 in November 2024, down 58.9% from last month, and the median price per square foot was $99.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $467.5K$118.9K
-74.6%
3 -$192K
N/A
4 --
N/A
5+ --
N/A

Summary: Pangburn housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 74.6%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Pangburn
-58.9%
Big Creek Township
-77.6%

Housing Supply in Pangburn, AR

How many homes are available in Pangburn, AR?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
13130.0%

Summary: The Pangburn real estate market had 13 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 76
-14.3%
3 56
+20.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Pangburn housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pangburn, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in Pangburn in November 2024, up by 50.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 67% were sold at asking, and 33% were sold over asking.

Days on Market for Pangburn, 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 Pangburn, AR

Nearby Markets to Pangburn, AR