$220,000
50.00 Acres
Land
Listing Office: Goodman Realty
Is Searcy County, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Searcy County was a Seller's Market.
Key Takeaway
Searcy County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Searcy County, AR
How much do homes in Searcy County, AR cost?
Median Sold Price
$135,000
$130/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$550(+0.4%)
Key Takeaway
The sold price of homes in Searcy County has remained the same since last year.
Summary: The median home sold price in Searcy County was $135,000 in November 2024, up 0.4% from last year, and the median price per square foot was $130.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $87.4K | $116.2K | +32.9% |
| 2 Bedrooms | $119K | $138K | +16.0% |
| 3 Bedrooms | $120K | $135K | +12.5% |
| 4 Bedrooms | $333.5K | $166.5K | -50.1% |
| 5+ Bedrooms | - | $164.5K | N/A |
Summary: Searcy County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 32.9%, 2 bedroom homes increased by 16%, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 50.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
| Newton County | $234K | $255K | +9.0% |
| Van Buren County | $144K | $155K | +7.6% |
| Searcy County | $134.4K | $135K | 0.4% |
Housing Supply in Searcy County, AR
How many homes are available in Searcy County, AR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 35 | 39 | +11.4% |
Summary: The Searcy County real estate market had 39 homes for sale in November 2024, a 11.4% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 5 | 0.0% |
| 2 Bedrooms | 14 | 15 | +7.1% |
| 3 Bedrooms | 10 | 11 | +10.0% |
| 4 Bedrooms | 4 | 6 | +50.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Searcy County 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 increased by 7.1%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Searcy County, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Searcy County in November 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Searcy County, 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.