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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cleveland County is a neutral's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

Cleveland 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 Cleveland County, AR

How much do homes in Cleveland County, AR cost?

Median Sold Price

$64,500

$32/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$170,500(-72.6%)

Key Takeaway

Homes in Cleveland County have sold for 72.6% less than they did a month ago.

Summary: The median home sold price in Cleveland County was $64,500 in April 2024, down 72.6% from last month, and the median price per square foot was $32.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $102K-
N/A
3 $175K$64.5K
-63.2%
4 $278K-
N/A
5+ --
N/A

Summary: Cleveland County 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 63.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Grant County
+16.1%
Cleveland County
-72.6%
Dallas County
-79.5%

Housing Supply in Cleveland County, AR

How many homes are available in Cleveland County, AR?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
87-12.5%

Summary: The Cleveland County real estate market had 7 homes for sale in April 2024, a 12.5% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 35
+66.7%
4 31
-66.7%
5+ 11
0.0%

Summary: The Cleveland County 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 decreased by 100%, 3 bedroom homes increased by 66.7%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
51-80.0%

Asking Price vs. Sold Price

0 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 Cleveland County, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Cleveland County in April 2024, down by 80.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Cleveland County, AR

We’re sorry, we don't have information for this market at the moment

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

Report Updated 3 Days Ago

Newest Listings in Cleveland County, AR

Nearby Markets to Cleveland County, AR

What housing markets are near Cleveland County, AR?