Is Independence County, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Independence County has remained a Seller's Market.
Housing Prices in Independence County, AR
How much do homes in Independence County, AR cost?
Median Sold Price
$182,500
$111/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Summary: The median home sold price in Independence County was $182,500 in March 2024, up 18% from last month, and the median price per square foot was $111.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $142.5K | $136.7K | -4.0% |
3 Bedrooms | $147K | $202.2K | +37.6% |
4 Bedrooms | $217.3K | $289K | +33.0% |
5+ Bedrooms | - | $175K | N/A |
Summary: Independence County 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 decreased by 4%, 3 bedroom homes increased by 37.6%, 4 bedroom homes increased by 33%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
Sharp County | $117K | $145K | +23.9% |
Independence County | $154.6K | $182.5K | +18.0% |
Cleburne County | $223.7K | $250.1K | +11.8% |
Lawrence County | $159K | $164.5K | +3.5% |
Housing Supply in Independence County, AR
How many homes are available in Independence County, AR?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
61 | 62 | +1.6% |
Summary: The Independence County real estate market had 62 homes for sale in March 2024, a 1.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 12 | 12 | 0.0% |
3 Bedrooms | 30 | 27 | -10.0% |
4 Bedrooms | 16 | 18 | +12.5% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Independence County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 10%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
12 | 12 | 0.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Independence County in March 2024, the same as the previous month. Of the 10 sold homes, 70% were sold under asking, 10% were sold at asking, and 20% were sold over asking.
Days on Market for Independence County, AR
We’re sorry, we don't have information for this market at the moment