Is Heber Springs, 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, Heber Springs was a Neutral Market.
Housing Prices in Heber Springs, AR
How much do homes in Heber Springs, AR cost?
Median Sold Price
$249,500
$134/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Summary: The median home sold price in Heber Springs was $249,500 in March 2024, up 21% from last month, and the median price per square foot was $134.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $187.5K | - | N/A |
2 Bedrooms | $172.5K | $389K | +125.5% |
3 Bedrooms | $222.5K | $249.7K | +12.2% |
4 Bedrooms | $299.9K | $237.5K | -20.8% |
5+ Bedrooms | - | - | N/A |
Summary: Heber Springs 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 125.5%, 3 bedroom homes increased by 12.2%, 4 bedroom homes decreased by 20.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Valley Township | $225K | $615K | +173.3% |
Heber Township | $190K | $240K | +26.3% |
Heber Springs | $206.2K | $249.5K | +21.0% |
Housing Supply in Heber Springs, AR
How many homes are available in Heber Springs, AR?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
97 | 107 | +10.3% |
Summary: The Heber Springs real estate market had 107 homes for sale in March 2024, a 10.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 1 | -66.7% |
2 Bedrooms | 15 | 16 | +6.7% |
3 Bedrooms | 52 | 58 | +11.5% |
4 Bedrooms | 22 | 27 | +22.7% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Heber Springs housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes increased by 6.7%, 3 bedroom homes increased by 11.5%, 4 bedroom homes increased by 22.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
16 | 26 | +62.5% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 26 homes were sold or pending in Heber Springs in March 2024, up by 62.5% month-over-month. Of the 23 sold homes, 83% were sold under asking, 13% were sold at asking, and 4% were sold over asking.
Days on Market for Heber Springs, AR
We’re sorry, we don't have information for this market at the moment