Is Diamond City, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Diamond City is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Diamond City has remained a Seller's Market.

Key Takeaway

Diamond City is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Diamond City, AR

How much do homes in Diamond City, AR cost?

Median Sold Price

$199,000

$159/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$99,000(+99.0%)

Key Takeaway

Homes in Diamond City have sold for 99% more than they did a month ago.

Summary: The median home sold price in Diamond City was $199,000 in November 2024, up 99% from last month, and the median price per square foot was $159.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $100K$199K
+99.0%
3 --
N/A
4 --
N/A
5+ --
N/A

Summary: Diamond City housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 99%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Diamond City, AR

How many homes are available in Diamond City, AR?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
550.0%

Summary: The Diamond City real estate market had 5 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 12
+100.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Diamond City housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

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 Diamond City, 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 Diamond City in November 2024, the same as the previous 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 Diamond City, AR

How long does it take to sell a home in Diamond City, AR?

Average Sale Time

Oct 2024Nov 2024CHANGE
44 Days38 Days-13.6%

Summary: Homes in Diamond City had an average of 38 days on market in Nov 2024, down by 13.6% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Diamond City has remained consistent over time.

Summary: During November 2024, 1 homes were sold in Diamond City; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 6 Days Ago

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