Is Poinsett County, 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, Poinsett County was a Neutral Market.
Key Takeaway
Poinsett County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Poinsett County, AR
How much do homes in Poinsett County, AR cost?
Median Sold Price
$163,950
$110/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in Poinsett County have sold for 62.4% more than they did a month ago.
Summary: The median home sold price in Poinsett County was $163,950 in March 2024, up 62.4% from last month, and the median price per square foot was $110.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $39.5K | - | N/A |
| 2 Bedrooms | $30.3K | $65K | +114.5% |
| 3 Bedrooms | $128.4K | $169.9K | +32.3% |
| 4 Bedrooms | $280K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Poinsett 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 increased by 114.5%, 3 bedroom homes increased by 32.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
| Poinsett County | $100.9K | $163.9K | +62.4% |
| Craighead County | $208K | $209.9K | +0.9% |
| Cross County | $124.5K | $118.5K | -4.8% |
Housing Supply in Poinsett County, AR
How many homes are available in Poinsett County, AR?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 62 | 65 | +4.8% |
Summary: The Poinsett County real estate market had 65 homes for sale in March 2024, a 4.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 11 | 12 | +9.1% |
| 3 Bedrooms | 46 | 45 | -2.2% |
| 4 Bedrooms | 4 | 6 | +50.0% |
| 5+ Bedrooms | 0 | 2 | +100.0% |
Summary: The Poinsett County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 9.1%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 9 | 13 | +44.4% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Poinsett County, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 13 homes were sold or pending in Poinsett County in March 2024, up by 44.4% month-over-month. Of the 10 sold homes, 30% were sold under asking, 50% were sold at asking, and 20% were sold over asking.
Days on Market for Poinsett County, AR
We’re sorry, we don't have information for this market at the moment
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Cooperative Arkansas REALTORS® Multiple Listing Services, Inc. Real estate listings, held by brokerage firms other than this broker, are marked with the Broker Reciprocity℠ logo and information about them includes the name of the listing brokers. The 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 data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2024 Cooperative Arkansas Realtors MLS. All Rights Reserved.