Is Pope County, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Pope County has remained a Seller's Market.
Housing Prices in Pope County, AR
How much do homes in Pope County, AR cost?
Median Sold Price
$180,000
$123/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Pope County was $180,000 in May 2024, up 12.3% from last month, and the median price per square foot was $123.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $168.9K | $156.7K | -7.2% |
4 Bedrooms | $160.3K | $436.5K | +172.2% |
5+ Bedrooms | - | - | N/A |
Summary: Pope County housing prices by bedroom type for May 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 7.2%, 4 bedroom homes increased by 172.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
Conway County | $159.9K | $201K | +25.7% |
Pope County | $160.3K | $180K | +12.3% |
Van Buren County | $188.5K | $175K | -7.2% |
Johnson County | $244.8K | $150K | -38.7% |
Housing Supply in Pope County, AR
How many homes are available in Pope County, AR?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
61 | 64 | +4.9% |
Summary: The Pope County real estate market had 64 homes for sale in May 2024, a 4.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 39 | 44 | +12.8% |
4 Bedrooms | 16 | 15 | -6.3% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Pope County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 12.8%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
13 | 13 | 0.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Pope County in May 2024, the same as the previous month. Of the 12 sold homes, 58% were sold under asking, 17% were sold at asking, and 25% were sold over asking.
Days on Market for Pope County, AR
How long does it take to sell a home in Pope County, AR?
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 13 homes were sold in Pope County; 0% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.