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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Paragould is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Paragould, AR

How much do homes in Paragould, AR cost?

Median Sold Price

$175,000

$127/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$5,100(+3.0%)

Key Takeaway

Homes in Paragould have sold for 3% more than they did a month ago.

Summary: The median home sold price in Paragould was $175,000 in October 2024, up 3% from last month, and the median price per square foot was $127.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $89.5K$205K
+129.1%
3 $170K$162K
-4.7%
4 $275K$289.9K
+5.4%
5+ -$32K
N/A

Summary: Paragould 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 increased by 129.1%, 3 bedroom homes decreased by 4.7%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Clark Township
+21.6%
Saint Francis Township
+13.8%
Paragould
+3.0%
Spring Grove Township
-26.8%

Housing Supply in Paragould, AR

How many homes are available in Paragould, AR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
197198+0.5%

Summary: The Paragould real estate market had 198 homes for sale in October 2024, a 0.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1922
+15.8%
3 126119
-5.6%
4 4649
+6.5%
5+ 68
+33.3%

Summary: The Paragould 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 increased by 15.8%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3945+15.4%

Asking Price vs. Sold Price

22 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Paragould, you may be able to get a good deal. 51.2% of homes here sold below asking price last month.

Summary: A total of 45 homes were sold or pending in Paragould in October 2024, up by 15.4% month-over-month. Of the 43 sold homes, 51% were sold under asking, 26% were sold at asking, and 23% were sold over asking.

Days on Market for Paragould, 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 17 Days Ago

Newest Listings in Paragould, AR

Nearby Markets to Paragould, AR

What housing markets are near Paragould, AR?