$2,791 Closing Credit*
$235,000
1,649 SqFt
4 Beds
•2 Full Baths
#24043308, Keitra Brooks, Listing Office: Start To Finish Realty
Is Sherwood, 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, Sherwood has remained a Seller's Market.
Key Takeaway
Sherwood is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sherwood, AR
How much do homes in Sherwood, AR cost?
Median Sold Price
$242,900
$140/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$22,900(+10.4%)
Key Takeaway
Homes in Sherwood have sold for 10.4% more than they did a month ago.
Summary: The median home sold price in Sherwood was $242,900 in November 2024, up 10.4% from last month, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $229.9K | $157K | -31.7% |
| 3 Bedrooms | $196.2K | $222.1K | +13.2% |
| 4 Bedrooms | $314.4K | $403.4K | +28.3% |
| 5+ Bedrooms | $388K | - | N/A |
Summary: Sherwood 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 decreased by 31.7%, 3 bedroom homes increased by 13.2%, 4 bedroom homes increased by 28.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Sherwood | $220K | $242.9K | +10.4% |
| Hill Township | $215.9K | $224.9K | +4.2% |
| North Little Rock | $185.5K | $172.4K | -7.1% |
| Jacksonville | $215.4K | $190K | -11.8% |
Housing Supply in Sherwood, AR
How many homes are available in Sherwood, AR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 180 | 178 | -1.1% |
Summary: The Sherwood real estate market had 178 homes for sale in November 2024, a 1.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 5 | 6 | +20.0% |
| 3 Bedrooms | 98 | 97 | -1.0% |
| 4 Bedrooms | 63 | 60 | -4.8% |
| 5+ Bedrooms | 13 | 13 | 0.0% |
Summary: The Sherwood housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 20%, 3 bedroom homes decreased by 1%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 58 | 30 | -48.3% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sherwood, you may be able to get a good deal. 51.7% of homes here sold below asking price last month.
Summary: A total of 30 homes were sold or pending in Sherwood in November 2024, down by 48.3% month-over-month. Of the 29 sold homes, 52% were sold under asking, 17% were sold at asking, and 31% were sold over asking.
Days on Market for Sherwood, 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.