Is Polk 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, Polk County has remained a Buyer's Market.
Housing Prices in Polk County, AR
How much do homes in Polk County, AR cost?
Median Sold Price
$185,000
$111/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Polk County was $185,000 in April 2024, up 35% from last month, and the median price per square foot was $111.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $145K | $199.5K | +37.6% |
2 Bedrooms | $90K | $136K | +51.1% |
3 Bedrooms | $153.5K | $215K | +40.1% |
4 Bedrooms | $125K | - | N/A |
5+ Bedrooms | $260K | - | N/A |
Summary: Polk County housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes increased by 37.6%, 2 bedroom homes increased by 51.1%, 3 bedroom homes increased by 40.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
Sevier County | $135K | $296K | +119.3% |
Polk County | $137K | $185K | +35.0% |
Howard County | $192.5K | $210.9K | +9.6% |
Montgomery County | $278.7K | $216K | -22.5% |
Housing Supply in Polk County, AR
How many homes are available in Polk County, AR?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
134 | 142 | +6.0% |
Summary: The Polk County real estate market had 142 homes for sale in April 2024, a 6.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 7 | -12.5% |
2 Bedrooms | 32 | 29 | -9.4% |
3 Bedrooms | 65 | 75 | +15.4% |
4 Bedrooms | 20 | 22 | +10.0% |
5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The Polk County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 12.5%, 2 bedroom homes decreased by 9.4%, 3 bedroom homes increased by 15.4%, 4 bedroom homes increased by 10%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
19 | 15 | -21.1% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Polk County in April 2024, down by 21.1% month-over-month. Of the 15 sold homes, 73% were sold under asking, 20% were sold at asking, and 7% were sold over asking.
Days on Market for Polk County, AR
We’re sorry, we don't have information for this market at the moment