Is Chicot West I-30 South, 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, Chicot West I-30 South has remained a Seller's Market.
Key Takeaway
Chicot West I-30 South is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Chicot West I-30 South, AR
How much do homes in Chicot West I-30 South, AR cost?
Median Sold Price
$117,900
$120/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Chicot West I-30 South have sold for 32.6% less than they did a month ago.
Summary: The median home sold price in Chicot West I-30 South was $117,900 in April 2024, down 32.6% from last month, and the median price per square foot was $120.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $105K | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $174.9K | $117.9K | -32.6% |
| 4 Bedrooms | $265K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Chicot West I-30 South 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 did not change, 3 bedroom homes decreased by 32.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Chicot West I-30 South, AR
How many homes are available in Chicot West I-30 South, AR?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 24 | 24 | 0.0% |
Summary: The Chicot West I-30 South real estate market had 24 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 20 | 22 | +10.0% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Chicot West I-30 South housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 10%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 8 | 7 | -12.5% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Chicot West I-30 South, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Chicot West I-30 South in April 2024, down by 12.5% month-over-month. Of the 7 sold homes, 71% were sold under asking, 29% were sold at asking, and 0% were sold over asking.
Days on Market for Chicot West I-30 South, AR
We’re sorry, we don't have information for this market at the moment
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.