$4,156 Closing Credit*
$350,000
2,292 SqFt
4 Beds
•3 Full Baths, 1 Partial
#24034028, Melody Stackhouse, Listing Office: Rice Realty
Is Stuttgart, 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, Stuttgart was a Neutral Market.
Key Takeaway
Stuttgart is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Stuttgart, AR
How much do homes in Stuttgart, AR cost?
Median Sold Price
$122,000
$89/sqft
Based on all homes sold in August 2024.
Difference Since Last Month
+$51,500(+73.0%)
Key Takeaway
Homes in Stuttgart have sold for 73% more than they did a month ago.
Summary: The median home sold price in Stuttgart was $122,000 in August 2024, up 73% from last month, and the median price per square foot was $89.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $65K | - | N/A |
| 3 Bedrooms | $76.5K | $122K | +59.5% |
| 4 Bedrooms | $17K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Stuttgart 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 increased by 59.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Stuttgart | $70.5K | $122K | +73.0% |
| Gum Pond Township | $70.5K | $122K | +73.0% |
Housing Supply in Stuttgart, AR
How many homes are available in Stuttgart, AR?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 26 | 26 | 0.0% |
Summary: The Stuttgart real estate market had 26 homes for sale in August 2024, the same as July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 0 | -100.0% |
| 3 Bedrooms | 14 | 15 | +7.1% |
| 4 Bedrooms | 8 | 9 | +12.5% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Stuttgart 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 decreased by 100%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
1 Home Was 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. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Stuttgart in August 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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.