$405,000
2,076 SqFt
3 Beds
•2 Full Baths, 1 Partial
Listing Office: Gibson Real Estate
September 2024
Report Updated 30 Days Ago
Is Lowell, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Lowell has remained a Seller's Market.
How much do homes in Lowell, AR cost?
$350,000
$201/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
Summary: The median home sold price in Lowell was $350,000 in September 2024, up 5.2% from last year, and the median price per square foot was $201.
# BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $330K | - | N/A |
2 Bedrooms | $205.7K | $224K | +8.9% |
3 Bedrooms | $300K | $324K | +8.0% |
4 Bedrooms | $436.7K | $397.2K | -9.0% |
5+ Bedrooms | $600K | $932.5K | +55.4% |
Summary: Lowell housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.9%, 3 bedroom homes increased by 8%, 4 bedroom homes decreased by 9%, and 5+ bedroom homes increased by 55.4%.
Lowell | $332.5K | $350K | +5.2% |
Rogers | $385.4K | $404K | +4.8% |
Bethel Heights | $378.5K | $295K | -22.1% |
How many homes are available in Lowell, AR?
Aug 2024 | Sep 2024 | CHANGE |
---|---|---|
57 | 52 | -8.8% |
Summary: The Lowell real estate market had 52 homes for sale in September 2024, a 8.8% decrease compared to August 2024.
# BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 2 | +100.0% |
3 Bedrooms | 38 | 31 | -18.4% |
4 Bedrooms | 12 | 13 | +8.3% |
5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Lowell housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 18.4%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes remained the same.
Aug 2024 | Sep 2024 | CHANGE |
---|---|---|
17 | 13 | -23.5% |
7 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Lowell in September 2024, down by 23.5% month-over-month. Of the 13 sold homes, 54% were sold under asking, 38% were sold at asking, and 8% were sold over asking.
How long does it take to sell a home in Lowell, AR?
Sep 2023 | Sep 2024 | CHANGE |
---|---|---|
51 Days | 80 Days | +54.7% |
Summary: Homes in Lowell had an average of 80 days on market in Sep 2024, up by 54.7% compared to last year.
0 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During September 2024, 13 homes were sold in Lowell; 0% of homes were sold within 30 days, 77% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.
Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.
Report Updated 30 Days Ago
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MLS Disclaimers and Copyright
Based on information from Northwest Arkansas Board of Realtors MLS / Arkansas Regional MLS LLC for the period 10/01/2022 - 10/01/2024
Disclaimer: 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 the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright © 2024 Northwest Arkansas Board of Realtors All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/31/2024, 6:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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