Is Randolph 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, Randolph County has remained a Seller's Market.
Housing Prices in Randolph County, AR
How much do homes in Randolph County, AR cost?
Median Sold Price
$185,000
$108/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Summary: The median home sold price in Randolph County was $185,000 in March 2024, up 49.2% from last month, and the median price per square foot was $108.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $124K | $214.9K | +73.3% |
4 Bedrooms | - | $167.5K | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Randolph 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 increased by 73.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
Randolph County | $124K | $185K | +49.2% |
Sharp County | $117K | $145K | +23.9% |
Lawrence County | $159K | $164.5K | +3.5% |
Greene County | $192K | $194K | +1.0% |
Housing Supply in Randolph County, AR
How many homes are available in Randolph County, AR?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
35 | 37 | +5.7% |
Summary: The Randolph County real estate market had 37 homes for sale in March 2024, a 5.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 5 | +25.0% |
3 Bedrooms | 21 | 20 | -4.8% |
4 Bedrooms | 5 | 7 | +40.0% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Randolph 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 25%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7 | 9 | +28.6% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Randolph County in March 2024, up by 28.6% month-over-month. Of the 7 sold homes, 43% were sold under asking, 29% were sold at asking, and 29% were sold over asking.
Days on Market for Randolph County, AR
How long does it take to sell a home in Randolph County, 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 March 2024, 9 homes were sold in Randolph County; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.