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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Searcy is a 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

$217,500

$132/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$17,500(+8.8%)

Key Takeaway

Homes in Searcy have sold for 8.8% more than they did a month ago.

Summary: The median home sold price in Searcy was $217,500 in October 2024, up 8.8% from last month, and the median price per square foot was $132.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $131.5K$93.5K
-28.9%
3 $199.5K$196K
-1.8%
4 $285K$275K
-3.5%
5+ $220K$261.5K
+18.9%

Summary: Searcy 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 28.9%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes decreased by 3.5%, and 5+ bedroom homes increased by 18.9%.

Median Sold Price Compared To Nearby Cities

Searcy
+8.8%
Gray Township
+3.5%

Housing Supply in Searcy, AR

How many homes are available in Searcy, AR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
136141+3.7%

Summary: The Searcy real estate market had 141 homes for sale in October 2024, a 3.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 1313
0.0%
3 7269
-4.2%
4 4148
+17.1%
5+ 89
+12.5%

Summary: The Searcy 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 decreased by 4.2%, 4 bedroom homes increased by 17.1%, and 5+ bedroom homes increased by 12.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3341+24.2%

Asking Price vs. Sold Price

22 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Searcy, you may be able to get a good deal. 56.4% of homes here sold below asking price last month.

Summary: A total of 41 homes were sold or pending in Searcy in October 2024, up by 24.2% month-over-month. Of the 39 sold homes, 56% were sold under asking, 31% were sold at asking, and 13% were sold over asking.

Days on Market for Searcy, 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 Searcy, AR

Nearby Markets to Searcy, AR

What housing markets are near Searcy, AR?