Is Sulphur Springs, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sulphur Springs is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Sulphur Springs has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Sulphur Springs, AR

How much do homes in Sulphur Springs, AR cost?

Median Sold Price

$35,000

$26/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

-$590,000(-94.4%)

Key Takeaway

Homes in Sulphur Springs have sold for 94.4% less than they did a month ago.

Summary: The median home sold price in Sulphur Springs was $35,000 in December 2024, down 94.4% from last month, and the median price per square foot was $26.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 -$35K
N/A
4 $625K-
N/A
5+ --
N/A

Summary: Sulphur Springs housing prices by bedroom type for December 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.

Housing Supply in Sulphur Springs, AR

How many homes are available in Sulphur Springs, AR?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1413-7.1%

Summary: The Sulphur Springs real estate market had 13 homes for sale in December 2024, a 7.1% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 22
0.0%
3 34
+33.3%
4 97
-22.2%
5+ 00
0.0%

Summary: The Sulphur Springs housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sulphur Springs, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Sulphur Springs in December 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Sulphur Springs, AR

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

Average Sale Time

Nov 2024Dec 2024CHANGE
380 Days12 Days-96.8%

Summary: Homes in Sulphur Springs had an average of 12 days on market in Dec 2024, down by 96.8% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Sulphur Springs are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 1 homes were sold in Sulphur Springs; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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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