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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Springdale is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, Springdale has remained a Seller's Market.

Key Takeaway

Springdale is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Springdale, AR

How much do homes in Springdale, AR cost?

Median Sold Price

$324,907

$192/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$2,807(+0.9%)

Key Takeaway

Homes in Springdale have sold for 0.9% more than they did a year ago.

Summary: The median home sold price in Springdale was $324,907 in December 2024, up 0.9% from last year, and the median price per square foot was $192.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $95K$217K
+128.4%
2 $196.5K$208K
+5.9%
3 $299.3K$293.8K
-1.8%
4 $410K$400K
-2.4%
5+ $699.9K$743K
+6.2%

Summary: Springdale housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 128.4%, 2 bedroom homes increased by 5.9%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes decreased by 2.4%, and 5+ bedroom homes increased by 6.2%.

Median Sold Price Compared To Nearby Cities

Elm Springs
+6.2%
Springdale
+0.9%
Springdale Township
+0.9%
Johnson Township
-16.6%
Bethel Heights
-22.9%

Housing Supply in Springdale, AR

How many homes are available in Springdale, AR?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
278280+0.7%

Summary: The Springdale real estate market had 280 homes for sale in December 2024, a 0.7% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 23
+50.0%
2 1413
-7.1%
3 143139
-2.8%
4 99108
+9.1%
5+ 2017
-15.0%

Summary: The Springdale housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 7.1%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes decreased by 15%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
5372+35.8%

Asking Price vs. Sold Price

30 Homes Were Sold
Under Asking

26 Homes Were Sold
At Asking

16 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Springdale, you may be able to get a good deal. 41.7% of homes here sold below asking price last month.

Summary: A total of 72 homes were sold or pending in Springdale in December 2024, up by 35.8% month-over-month. Of the 72 sold homes, 42% were sold under asking, 36% were sold at asking, and 22% were sold over asking.

Days on Market for Springdale, AR

How long does it take to sell a home in Springdale, AR?

Average Sale Time

Dec 2023Dec 2024CHANGE
68 Days78 Days+15.6%

Summary: Homes in Springdale had an average of 78 days on market in Dec 2024, up by 15.6% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

37 Homes Were Sold
In 30 - 90 Days

24 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Springdale has remained consistent over time.

Summary: During December 2024, 72 homes were sold in Springdale; 15% of homes were sold within 30 days, 51% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

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