Is Huntsville, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Huntsville was a Seller's Market.
Key Takeaway
Huntsville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Huntsville, AR
How much do homes in Huntsville, AR cost?
Median Sold Price
$205,000
$153/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since April 2023.
Key Takeaway
The sold price of homes in Huntsville has remained the same since last year.
Summary: The median home sold price in Huntsville was $205,000 in April 2024, the same as last year, and the median price per square foot was $153.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $20K | $143.1K | +615.8% |
| 2 Bedrooms | $150K | $169.9K | +13.3% |
| 3 Bedrooms | $190.5K | $197K | +3.4% |
| 4 Bedrooms | $302K | $287.5K | -4.8% |
| 5+ Bedrooms | $615K | $478.5K | -22.2% |
Summary: Huntsville housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 615.8%, 2 bedroom homes increased by 13.3%, 3 bedroom homes increased by 3.4%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes decreased by 22.2%.
Median Sold Price Compared To Nearby Cities
| Huntsville | $205K | $205K | 0.0% |
| War Eagle Township | $230K | $206.5K | -10.2% |
Housing Supply in Huntsville, AR
How many homes are available in Huntsville, AR?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 39 | 40 | +2.6% |
Summary: The Huntsville real estate market had 40 homes for sale in April 2024, a 2.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 19 | 22 | +15.8% |
| 4 Bedrooms | 12 | 11 | -8.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Huntsville 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 20%, 3 bedroom homes increased by 15.8%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 8 | 5 | -37.5% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Huntsville, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Huntsville in April 2024, down by 37.5% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Huntsville, AR
How long does it take to sell a home in Huntsville, AR?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 125 Days | 119 Days | -5.1% |
Summary: Homes in Huntsville had an average of 119 days on market in Apr 2024, down by 5.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Huntsville has remained consistent over time.
Summary: During April 2024, 5 homes were sold in Huntsville; 20% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Cooperative Arkansas REALTORS® Multiple Listing Services, Inc. Real estate listings, held by brokerage firms other than this broker, are marked with the Broker Reciprocity℠ logo and information about them includes the name of the listing brokers. The IDX information is provided exclusively for consumers’ personal, non-commercial use that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2024 Cooperative Arkansas Realtors MLS. All Rights Reserved.