$195,000
3.00 Acres
Land
#24045262, Dawn Scott, Listing Office: Janet Jones Company
Is Searcy, 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, Searcy has remained a Seller's Market.
Key Takeaway
Searcy is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Searcy, AR
How much do homes in Searcy, AR cost?
Median Sold Price
$188,000
$123/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$29,750(-13.7%)
Key Takeaway
Homes in Searcy have sold for 13.7% less than they did a month ago.
Summary: The median home sold price in Searcy was $188,000 in November 2024, down 13.7% from last month, and the median price per square foot was $123.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $93.5K | $158.7K | +69.8% |
| 3 Bedrooms | $196K | $195K | -0.5% |
| 4 Bedrooms | $276.4K | $330K | +19.4% |
| 5+ Bedrooms | $261.5K | $815K | +211.7% |
Summary: Searcy 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 increased by 69.8%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes increased by 19.4%, and 5+ bedroom homes increased by 211.7%.
Median Sold Price Compared To Nearby Cities
| Searcy | $217.7K | $188K | -13.7% |
| Gray Township | $212.5K | $163.7K | -22.9% |
Housing Supply in Searcy, AR
How many homes are available in Searcy, AR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 140 | 129 | -7.9% |
Summary: The Searcy real estate market had 129 homes for sale in November 2024, a 7.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 16 | 14 | -12.5% |
| 3 Bedrooms | 68 | 68 | 0.0% |
| 4 Bedrooms | 48 | 38 | -20.8% |
| 5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Searcy 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 12.5%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 20.8%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 40 | 29 | -27.5% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Searcy, you may be able to get a good deal. 63% of homes here sold below asking price last month.
Summary: A total of 29 homes were sold or pending in Searcy in November 2024, down by 27.5% month-over-month. Of the 27 sold homes, 63% were sold under asking, 33% were sold at asking, and 4% were sold over asking.
Days on Market for Searcy, AR
We’re sorry, we don't have information for this market at the moment
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.