Is Batesville, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Batesville was a Seller's Market.
Key Takeaway
Batesville is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Batesville, AR
How much do homes in Batesville, AR cost?
Median Sold Price
$139,200
$85/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Batesville have sold for 35.1% less than they did a month ago.
Summary: The median home sold price in Batesville was $139,200 in April 2024, down 35.1% from last month, and the median price per square foot was $85.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $140K | $72.5K | -48.2% |
| 3 Bedrooms | $230K | $139.3K | -39.4% |
| 4 Bedrooms | $254.5K | $263K | +3.3% |
| 5+ Bedrooms | $175K | - | N/A |
Summary: Batesville housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 48.2%, 3 bedroom homes decreased by 39.4%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Ruddell Township | $159.2K | $135K | -15.2% |
| Batesville | $214.5K | $139.2K | -35.1% |
Housing Supply in Batesville, AR
How many homes are available in Batesville, AR?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 46 | 54 | +17.4% |
Summary: The Batesville real estate market had 54 homes for sale in April 2024, a 17.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 11 | 11 | 0.0% |
| 3 Bedrooms | 19 | 25 | +31.6% |
| 4 Bedrooms | 11 | 12 | +9.1% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Batesville housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 31.6%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 9 | 9 | 0.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Batesville, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Batesville in April 2024, the same as the previous month. Of the 9 sold homes, 67% were sold under asking, 22% were sold at asking, and 11% were sold over asking.
Days on Market for Batesville, AR
How long does it take to sell a home in Batesville, 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
Key Takeaway
Avg time on Rocket Homes in Batesville has remained consistent over time.
Summary: During April 2024, 9 homes were sold in Batesville; 0% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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© 2024 Cooperative Arkansas Realtors MLS. All Rights Reserved.