Is Montgomery 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, Montgomery County has remained a Buyer's Market.
Housing Prices in Montgomery County, AR
How much do homes in Montgomery County, AR cost?
Median Sold Price
$278,750
$147/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Summary: The median home sold price in Montgomery County was $278,750 in March 2024, down 23.5% from last month, and the median price per square foot was $147.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $312.5K | $277.5K | -11.2% |
3 Bedrooms | $279K | - | N/A |
4 Bedrooms | - | - | N/A |
5+ Bedrooms | $530K | $400K | -24.5% |
Summary: Montgomery 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 11.2%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 24.5%.
Median Sold Price Compared To Nearby Counties
Hot Spring County | $179.5K | $195K | +8.6% |
Garland County | $280K | $289.5K | +3.4% |
Polk County | $173.9K | $137K | -21.2% |
Montgomery County | $364.5K | $278.7K | -23.5% |
Pike County | $450K | $168.5K | -62.6% |
Housing Supply in Montgomery County, AR
How many homes are available in Montgomery County, AR?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
32 | 31 | -3.1% |
Summary: The Montgomery County real estate market had 31 homes for sale in March 2024, a 3.1% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 4 | 0.0% |
2 Bedrooms | 8 | 9 | +12.5% |
3 Bedrooms | 11 | 10 | -9.1% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The Montgomery 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 12.5%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 4 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Montgomery County in March 2024, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Montgomery County, AR
We’re sorry, we don't have information for this market at the moment