Is Wesley, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wesley is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Wesley has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Wesley, AR

How much do homes in Wesley, AR cost?

Median Sold Price

$448,000

$242/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$188,000(+72.3%)

Key Takeaway

Homes in Wesley have sold for 72.3% more than they did a month ago.

Summary: The median home sold price in Wesley was $448,000 in October 2024, up 72.3% from last month, and the median price per square foot was $242.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $260K$448K
+72.3%
4 --
N/A
5+ --
N/A

Summary: Wesley 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 72.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Lamar Township
+299.3%
Wesley
+72.3%

Housing Supply in Wesley, AR

How many homes are available in Wesley, AR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
31-66.7%

Summary: The Wesley real estate market had 1 homes for sale in October 2024, a 66.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 31
-66.7%
4 00
0.0%
5+ 00
0.0%

Summary: The Wesley 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 remained the same, 3 bedroom homes decreased by 66.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was 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 Wesley, you may be able to get a good deal. 100% of homes here sold below asking price last month.

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

Days on Market for Wesley, AR

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

Average Sale Time

Sep 2024Oct 2024CHANGE
54 Days101 Days+87.0%

Summary: Homes in Wesley had an average of 101 days on market in Oct 2024, up by 87% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Wesley are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 1 homes were sold in Wesley; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 14 Days Ago

Newest Listings in Wesley, AR

Nearby Markets to Wesley, AR

What housing markets are near Wesley, AR?