Is Paragould, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Paragould was a Neutral Market.
Housing Prices in Paragould, AR
How much do homes in Paragould, AR cost?
Median Sold Price
$185,000
$105/sqft
Based on all homes sold in February 2024.
Difference Since Last Month
Summary: The median home sold price in Paragould was $185,000 in February 2024, up 16.4% from last month, and the median price per square foot was $105.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $65K | $63K | -3.1% |
3 Bedrooms | $158.9K | $185K | +16.4% |
4 Bedrooms | $284.9K | $212.9K | -25.3% |
5+ Bedrooms | $270K | $271K | 0.4% |
Summary: Paragould 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 3.1%, 3 bedroom homes increased by 16.4%, 4 bedroom homes decreased by 25.3%, and 5+ bedroom homes increased by 0.4%.
Median Sold Price Compared To Nearby Cities
Paragould | $158.9K | $185K | +16.4% |
Spring Grove Township | $252.9K | $226K | -10.7% |
Clark Township | $154.1K | $128K | -17.0% |
Housing Supply in Paragould, AR
How many homes are available in Paragould, AR?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
114 | 137 | +20.2% |
Summary: The Paragould real estate market had 137 homes for sale in February 2024, a 20.2% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 13 | 13 | 0.0% |
3 Bedrooms | 76 | 90 | +18.4% |
4 Bedrooms | 18 | 27 | +50.0% |
5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Paragould 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 remained the same, 3 bedroom homes increased by 18.4%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
19 | 24 | +26.3% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 24 homes were sold or pending in Paragould in February 2024, up by 26.3% month-over-month. Of the 23 sold homes, 57% were sold under asking, 26% were sold at asking, and 17% were sold over asking.
Days on Market for Paragould, AR
How long does it take to sell a home in Paragould, AR?
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During February 2024, 24 homes were sold in Paragould; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.