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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Baxter County is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Baxter County was a Seller's Market.

Key Takeaway

Baxter County 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 Baxter County, AR

How much do homes in Baxter County, AR cost?

Median Sold Price

$252,500

$120/sqft

Based on all homes sold in June 2024.

Difference Since Last Month

+$61,500(+32.2%)

Key Takeaway

Homes in Baxter County have sold for 32.2% more than they did a month ago.

Summary: The median home sold price in Baxter County was $252,500 in June 2024, up 32.2% from last month, and the median price per square foot was $120.

Median Sold Price By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 --
N/A
2 $189.9K$149.9K
-21.0%
3 $169K$287K
+69.8%
4 $475K$310K
-34.7%
5+ --
N/A

Summary: Baxter County housing prices by bedroom type for June 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 21%, 3 bedroom homes increased by 69.8%, 4 bedroom homes decreased by 34.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Baxter County
+32.2%
Marion County
-9.5%
Izard County
-16.4%
Stone County
-21.7%

Housing Supply in Baxter County, AR

How many homes are available in Baxter County, AR?

Number of Homes For Sale

May 2024Jun 2024CHANGE
5253+1.9%

Summary: The Baxter County real estate market had 53 homes for sale in June 2024, a 1.9% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 00
0.0%
2 1618
+12.5%
3 2526
+4.0%
4 86
-25.0%
5+ 33
0.0%

Summary: The Baxter County housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 4%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

May 2024Jun 2024CHANGE
118-27.3%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Baxter County, you may be able to get a good deal. 87.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Baxter County in June 2024, down by 27.3% month-over-month. Of the 8 sold homes, 88% were sold under asking, 13% were sold at asking, and 0% were sold over asking.

Days on Market for Baxter County, AR

How long does it take to sell a home in Baxter County, AR?

Average Sale Time

May 2024Jun 2024CHANGE
147 Days113 Days-23.4%

Summary: Homes in Baxter County had an average of 113 days on market in Jun 2024, down by 23.4% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Baxter County are selling fast, if you're buying plan to act quickly.

Summary: During June 2024, 8 homes were sold in Baxter County; 13% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 26 Days Ago

Newest Listings in Baxter County, AR

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