$1,068 Closing Credit*
$89,900
825 SqFt
2 Beds
•1 Full Bath
#24044024, Raychel Day, Listing Office: Compass Rose Realty
Housing Prices in West Memphis, AR
How much do homes in West Memphis, AR cost?
Median List Price
$119,950
$104/sqft
Based on all homes listed in the last 12 months.
Difference Since December 2023
-$45,050(-27.3%)
Key Takeaway
The list price of homes in West Memphis has decreased by 27.3% since last year.
Summary: The median home list price in West Memphis was $119,950 in December 2024, down 27.3% from the previous year, and the median price per square foot was $104.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $165K | $87.4K | -47.0% |
| 3 Bedrooms | $182.4K | $109.9K | -39.8% |
| 4 Bedrooms | $321K | $247.5K | -22.9% |
| 5+ Bedrooms | - | $899K | N/A |
Summary: West Memphis housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 47%, 3 bedroom homes decreased by 39.8%, 4 bedroom homes decreased by 22.9%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
| Jasper Township | $240K | $275K | +14.6% |
| West Memphis | $165K | $119.9K | -27.3% |
| Mississippi Township | $165K | $119.9K | -27.3% |
Housing Supply in West Memphis, AR
How many homes are available in West Memphis, AR?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 7 | 6 | -14.3% |
Summary: The West Memphis real estate market had 6 homes for sale in December 2024, a 14.3% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 6 | 4 | -33.3% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The West Memphis 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 increased by 100%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for West Memphis, AR
How long does it take to sell a home in West Memphis, AR?
Average Listing Age
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 60 Days | 88 Days | +45.3% |
Summary: Homes in West Memphis had an average listing age of 88 days in Dec 2024, up by 45.3% compared to the previous year.
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© 2025 Cooperative Arkansas Realtors MLS. All Rights Reserved.