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 buyer's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Walnut Ridge, AR

How much do homes in Walnut Ridge, AR cost?

Median Sold Price

$134,650

$113/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$9,650(+7.7%)

Key Takeaway

Homes in Walnut Ridge have sold for 7.7% more than they did a month ago.

Summary: The median home sold price in Walnut Ridge was $134,650 in October 2024, up 7.7% from last month, and the median price per square foot was $113.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $144K-
N/A
3 $83K$134.6K
+62.2%
4 --
N/A
5+ --
N/A

Summary: Walnut Ridge housing prices by bedroom type for October 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 62.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Walnut Ridge
+7.7%
Campbell Township
+7.7%
Hoxie
-59.0%
Boas Township
-59.0%

Housing Supply in Walnut Ridge, AR

How many homes are available in Walnut Ridge, AR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
24240.0%

Summary: The Walnut Ridge real estate market had 24 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 76
-14.3%
3 1211
-8.3%
4 35
+66.7%
5+ 22
0.0%

Summary: The Walnut Ridge housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 14.3%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 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, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Walnut Ridge in October 2024, down by 60.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% 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 20 Days Ago

Newest Listings in Walnut Ridge, AR

Nearby Markets to Walnut Ridge, AR