Is Gentry, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Gentry was a Buyer's Market.
Housing Prices in Gentry, AR
How much do homes in Gentry, AR cost?
Median Sold Price
$269,950
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Gentry was $269,950 in April 2024, up 8% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $200K | $215K | +7.5% |
3 Bedrooms | $233K | $249.9K | +7.3% |
4 Bedrooms | $261.1K | $300K | +14.9% |
5+ Bedrooms | $422.8K | $489K | +15.7% |
Summary: Gentry housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.5%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 14.9%, and 5+ bedroom homes increased by 15.7%.
Housing Supply in Gentry, AR
How many homes are available in Gentry, AR?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
70 | 68 | -2.9% |
Summary: The Gentry real estate market had 68 homes for sale in April 2024, a 2.9% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 4 | 5 | +25.0% |
3 Bedrooms | 37 | 37 | 0.0% |
4 Bedrooms | 27 | 24 | -11.1% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Gentry housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 13 | +116.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Gentry in April 2024, up by 116.7% month-over-month. Of the 13 sold homes, 38% were sold under asking, 31% were sold at asking, and 31% were sold over asking.
Days on Market for Gentry, AR
How long does it take to sell a home in Gentry, AR?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
97 Days | 88 Days | -9.1% |
Summary: Homes in Gentry had an average of 88 days on market in Apr 2024, down by 9.1% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During April 2024, 13 homes were sold in Gentry; 0% of homes were sold within 30 days, 62% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.