Is Randolph County, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Randolph County is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Randolph County, AR

How much do homes in Randolph County, AR cost?

Median Sold Price

$165,000

$103/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

+$35,500(+27.4%)

Key Takeaway

Homes in Randolph County have sold for 27.4% more than they did a month ago.

Summary: The median home sold price in Randolph County was $165,000 in May 2024, up 27.4% from last month, and the median price per square foot was $103.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 $70K$67K
-4.3%
3 $100K$165K
+65.0%
4 $159K$250K
+57.2%
5+ $220K-
N/A

Summary: Randolph 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 decreased by 4.3%, 3 bedroom homes increased by 65%, 4 bedroom homes increased by 57.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Randolph County
+27.4%
Lawrence County
+11.4%
Sharp County
+3.6%
Greene County
+1.0%

Housing Supply in Randolph County, AR

How many homes are available in Randolph County, AR?

Number of Homes For Sale

Apr 2024May 2024CHANGE
3541+17.1%

Summary: The Randolph County real estate market had 41 homes for sale in May 2024, a 17.1% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 11
0.0%
2 58
+60.0%
3 1820
+11.1%
4 88
0.0%
5+ 34
+33.3%

Summary: The Randolph County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 60%, 3 bedroom homes increased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Apr 2024May 2024CHANGE
67+16.7%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Randolph County, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Randolph County in May 2024, up by 16.7% month-over-month. Of the 7 sold homes, 57% were sold under asking, 43% were sold at asking, and 0% were sold over asking.

Days on Market for Randolph County, 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 1 Day Ago

Newest Listings in Randolph County, AR

Nearby Markets to Randolph County, AR

What housing markets are near Randolph County, AR?