Is Gentry, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, Gentry was a Neutral Market.
Housing Prices in Gentry, AR
How much do homes in Gentry, AR cost?
Median Sold Price
$269,533
$161/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Gentry was $269,533 in February 2024, up 11.5% from last year, and the median price per square foot was $161.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $150K | $223.5K | +49.0% |
3 Bedrooms | $229.9K | $249.9K | +8.7% |
4 Bedrooms | $262.9K | $277K | +5.3% |
5+ Bedrooms | $422.8K | $460K | +8.8% |
Summary: Gentry housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 49%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 8.8%.
Housing Supply in Gentry, AR
How many homes are available in Gentry, AR?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
48 | 54 | +12.5% |
Summary: The Gentry real estate market had 54 homes for sale in February 2024, a 12.5% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 5 | +25.0% |
3 Bedrooms | 20 | 25 | +25.0% |
4 Bedrooms | 23 | 22 | -4.3% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Gentry housing inventory by bedroom type for February 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 25%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
3 | 7 | +133.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Gentry in February 2024, up by 133.3% month-over-month. Of the 7 sold homes, 43% were sold under asking, 43% were sold at asking, and 14% were sold over asking.
Days on Market for Gentry, AR
How long does it take to sell a home in Gentry, AR?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
67 Days | 101 Days | +49.9% |
Summary: Homes in Gentry had an average of 101 days on market in Feb 2024, up by 49.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During February 2024, 7 homes were sold in Gentry; 14% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.