Is Walnut Ridge, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Walnut Ridge is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Walnut Ridge was a Buyer's Market.

Key Takeaway

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

Housing Prices in Walnut Ridge, AR

How much do homes in Walnut Ridge, AR cost?

Median Sold Price

$157,000

$89/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$22,350(+16.6%)

Key Takeaway

Homes in Walnut Ridge have sold for 16.6% more than they did a month ago.

Summary: The median home sold price in Walnut Ridge was $157,000 in November 2024, up 16.6% from last month, and the median price per square foot was $89.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $134.6K$130K
-3.5%
4 -$228.5K
N/A
5+ --
N/A

Summary: Walnut Ridge housing prices by bedroom type for November 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 decreased by 3.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Hoxie
+63.7%
Boas Township
+63.7%
Walnut Ridge
+16.6%
Campbell Township
+16.6%

Housing Supply in Walnut Ridge, AR

How many homes are available in Walnut Ridge, AR?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2425+4.2%

Summary: The Walnut Ridge real estate market had 25 homes for sale in November 2024, a 4.2% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 55
0.0%
3 1213
+8.3%
4 55
0.0%
5+ 22
0.0%

Summary: The Walnut Ridge 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 remained the same, 3 bedroom homes increased by 8.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
26+200.0%

Asking Price vs. Sold Price

5 Homes Were 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 Walnut Ridge, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Walnut Ridge in November 2024, up by 200.0% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Walnut Ridge, 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 21 Days Ago

Newest Listings in Walnut Ridge, AR

Nearby Markets to Walnut Ridge, AR