$190,000
20.00 Acres
Land
#24045337, Michelle Ciaccio, Listing Office: Century 21 Parker & Scroggins Realty - Sheridan
Is Sheridan, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Sheridan was a Seller's Market.
Key Takeaway
Sheridan is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Sheridan, AR
How much do homes in Sheridan, AR cost?
Median Sold Price
$238,000
$152/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$23,000(+10.7%)
Key Takeaway
Homes in Sheridan have sold for 10.7% more than they did a month ago.
Summary: The median home sold price in Sheridan was $238,000 in November 2024, up 10.7% from last month, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $50K | $124.9K | +149.8% |
| 3 Bedrooms | $210K | $243.5K | +16.0% |
| 4 Bedrooms | $441.9K | $257K | -41.8% |
| 5+ Bedrooms | - | - | N/A |
Summary: Sheridan 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 149.8%, 3 bedroom homes increased by 16%, 4 bedroom homes decreased by 41.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Merry Green Township | $205K | $238K | +16.1% |
| Sheridan | $215K | $238K | +10.7% |
Housing Supply in Sheridan, AR
How many homes are available in Sheridan, AR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 53 | 52 | -1.9% |
Summary: The Sheridan real estate market had 52 homes for sale in November 2024, a 1.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 6 | +20.0% |
| 3 Bedrooms | 34 | 31 | -8.8% |
| 4 Bedrooms | 14 | 14 | 0.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Sheridan 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 20%, 3 bedroom homes decreased by 8.8%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 7 | -46.2% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Sheridan, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Sheridan in November 2024, down by 46.2% month-over-month. Of the 7 sold homes, 43% were sold under asking, 43% were sold at asking, and 14% were sold over asking.
Days on Market for Sheridan, 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.