Is Marion County, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Marion County is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Marion County was a Buyer's Market.

Key Takeaway

Marion County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Marion County, AR

How much do homes in Marion County, AR cost?

Median Sold Price

$185,000

$113/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$815,000(-81.5%)

Key Takeaway

Homes in Marion County have sold for 81.5% less than they did a month ago.

Summary: The median home sold price in Marion County was $185,000 in March 2024, down 81.5% from last month, and the median price per square foot was $113.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 -$175K
N/A
2 -$185K
N/A
3 -$218K
N/A
4 -$333K
N/A
5+ $1.0M$160K
-84.0%

Summary: Marion 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 did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 84%.

Median Sold Price Compared To Nearby Counties

Searcy County
-20.0%
Baxter County
-32.7%
Marion County
-81.5%

Housing Supply in Marion County, AR

How many homes are available in Marion County, AR?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3234+6.3%

Summary: The Marion County real estate market had 34 homes for sale in March 2024, a 6.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 33
0.0%
2 67
+16.7%
3 1418
+28.6%
4 22
0.0%
5+ 74
-42.9%

Summary: The Marion County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 28.6%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 42.9%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
38+166.7%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Marion County, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Marion County in March 2024, up by 166.7% month-over-month. Of the 7 sold homes, 86% were sold under asking, 14% were sold at asking, and 0% were sold over asking.

Days on Market for Marion County, AR

How long does it take to sell a home in Marion County, AR?

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Marion County has remained consistent over time.

Summary: During March 2024, 8 homes were sold in Marion County; 0% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% 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 25 Days Ago

Newest Listings in Marion County, AR

Nearby Markets to Marion County, AR

What housing markets are near Marion County, AR?