Is Fairfield Bay, 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, Fairfield Bay was a Buyer's Market.
Housing Prices in Fairfield Bay, AR
How much do homes in Fairfield Bay, AR cost?
Median Sold Price
$115,000
$108/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Summary: The median home sold price in Fairfield Bay was $115,000 in March 2024, up 39.4% from last month, and the median price per square foot was $108.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $63K | N/A |
2 Bedrooms | $82.5K | $105K | +27.3% |
3 Bedrooms | - | $275K | N/A |
4 Bedrooms | - | - | N/A |
5+ Bedrooms | - | $820K | N/A |
Summary: Fairfield Bay housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 27.3%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Morgan Township | $80K | $288.7K | +260.9% |
Indian Rock Township | $82.5K | $117.5K | +42.4% |
Fairfield Bay | $82.5K | $115K | +39.4% |
Housing Supply in Fairfield Bay, AR
How many homes are available in Fairfield Bay, AR?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
60 | 78 | +30.0% |
Summary: The Fairfield Bay real estate market had 78 homes for sale in March 2024, a 30.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 9 | 9 | 0.0% |
2 Bedrooms | 20 | 25 | +25.0% |
3 Bedrooms | 23 | 31 | +34.8% |
4 Bedrooms | 5 | 7 | +40.0% |
5+ Bedrooms | 3 | 6 | +100.0% |
Summary: The Fairfield Bay housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 34.8%, 4 bedroom homes increased by 40%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 13 | +225.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Fairfield Bay in March 2024, up by 225.0% month-over-month. Of the 13 sold homes, 77% were sold under asking, 15% were sold at asking, and 8% were sold over asking.
Days on Market for Fairfield Bay, AR
We’re sorry, we don't have information for this market at the moment