Is Maumelle, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Maumelle is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Maumelle was a Seller's Market.

Key Takeaway

Maumelle is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Maumelle, AR

How much do homes in Maumelle, AR cost?

Median Sold Price

$250,000

$135/sqft

Based on all homes sold in February 2024.

Difference Since Last Month

-$47,500(-16.0%)

Key Takeaway

Homes in Maumelle have sold for 16% less than they did a month ago.

Summary: The median home sold price in Maumelle was $250,000 in February 2024, down 16% from last month, and the median price per square foot was $135.

Median Sold Price By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 --
N/A
2 $329K$106K
-67.8%
3 $270K$230K
-14.8%
4 $399K$319.9K
-19.8%
5+ --
N/A

Summary: Maumelle housing prices by bedroom type for February 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 67.8%, 3 bedroom homes decreased by 14.8%, 4 bedroom homes decreased by 19.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Big Rock Township
+1.1%
Hill Township
-7.9%
North Little Rock
-9.5%
Maumelle
-16.0%

Housing Supply in Maumelle, AR

How many homes are available in Maumelle, AR?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
6682+24.2%

Summary: The Maumelle real estate market had 82 homes for sale in February 2024, a 24.2% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 45
+25.0%
3 2429
+20.8%
4 3440
+17.6%
5+ 48
+100.0%

Summary: The Maumelle housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 20.8%, 4 bedroom homes increased by 17.6%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
1710-41.2%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Maumelle, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 10 homes were sold or pending in Maumelle in February 2024, down by 41.2% month-over-month. Of the 8 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.

Days on Market for Maumelle, AR

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 27 Days Ago

Newest Listings in Maumelle, AR

Nearby Markets to Maumelle, AR

What housing markets are near Maumelle, AR?