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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rector is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Rector was a Neutral Market.

Key Takeaway

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

Housing Prices in Rector, AR

How much do homes in Rector, AR cost?

Median Sold Price

$77,450

$53/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$12,450(+19.2%)

Key Takeaway

Homes in Rector have sold for 19.2% more than they did a month ago.

Summary: The median home sold price in Rector was $77,450 in October 2024, up 19.2% from last month, and the median price per square foot was $53.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$75K
N/A
3 $65K$300K
+361.5%
4 --
N/A
5+ --
N/A

Summary: Rector 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 increased by 361.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

West Oak Bluff Township
+166.3%
East Oak Bluff-Blue Cane Township
+63.9%
Rector
+19.2%

Housing Supply in Rector, AR

How many homes are available in Rector, AR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1415+7.1%

Summary: The Rector real estate market had 15 homes for sale in October 2024, a 7.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 66
0.0%
3 78
+14.3%
4 11
0.0%
5+ 00
0.0%

Summary: The Rector 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 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rector, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Rector in October 2024, up by 100.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Rector, 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 Rector, AR

Nearby Markets to Rector, AR