$831 Closing Credit*
$70,000
1,250 SqFt
3 Beds
•1 Full Bath
#24044265, Teresa Moreno, Listing Office: Vylla Home
Is Stuttgart, 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, Stuttgart was a Seller's Market.
Key Takeaway
Stuttgart is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Stuttgart, AR
How much do homes in Stuttgart, AR cost?
Median Sold Price
$87,450
$69/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$26,397(+43.2%)
Key Takeaway
Homes in Stuttgart have sold for 43.2% more than they did a year ago.
Summary: The median home sold price in Stuttgart was $87,450 in November 2024, up 43.2% from last year, and the median price per square foot was $69.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $60K | $119.9K | +99.9% |
| 3 Bedrooms | $62.5K | $83K | +32.8% |
| 4 Bedrooms | $125K | $104.5K | -16.4% |
| 5+ Bedrooms | - | $296.2K | N/A |
Summary: Stuttgart housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 99.9%, 3 bedroom homes increased by 32.8%, 4 bedroom homes decreased by 16.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Stuttgart | $61K | $87.4K | +43.2% |
| Gum Pond Township | $62.1K | $80K | +28.8% |
Housing Supply in Stuttgart, AR
How many homes are available in Stuttgart, AR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 31 | 34 | +9.7% |
Summary: The Stuttgart real estate market had 34 homes for sale in November 2024, a 9.7% increase 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 | 1 | 2 | +100.0% |
| 3 Bedrooms | 18 | 18 | 0.0% |
| 4 Bedrooms | 9 | 11 | +22.2% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Stuttgart 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 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Asking Price vs. Sold Price
3 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 Stuttgart, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Stuttgart in November 2024, up by 66.7% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Stuttgart, 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.