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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Smackover is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Smackover was a Seller's Market.

Key Takeaway

Smackover is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Smackover, AR

How much do homes in Smackover, AR cost?

Median Sold Price

$79,000

$39/sqft

Based on all homes sold in August 2024.

Difference Since Last Month

-$131,500(-62.5%)

Key Takeaway

Homes in Smackover have sold for 62.5% less than they did a month ago.

Summary: The median home sold price in Smackover was $79,000 in August 2024, down 62.5% from last month, and the median price per square foot was $39.

Median Sold Price By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 --
N/A
2 --
N/A
3 $210.5K-
N/A
4 -$79K
N/A
5+ --
N/A

Summary: Smackover housing prices by bedroom type for August 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Smackover
-62.5%
Smackover Township
-62.5%

Housing Supply in Smackover, AR

How many homes are available in Smackover, AR?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
98-11.1%

Summary: The Smackover real estate market had 8 homes for sale in August 2024, a 11.1% decrease compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 00
0.0%
2 33
0.0%
3 31
-66.7%
4 34
+33.3%
5+ 00
0.0%

Summary: The Smackover housing inventory by bedroom type for August 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 66.7%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Smackover, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Smackover in August 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Smackover, 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 23 Days Ago

Newest Listings in Smackover, AR

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