Is River Mountain, 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, River Mountain has remained a Seller's Market.
Housing Prices in River Mountain, AR
How much do homes in River Mountain, AR cost?
Median Sold Price
$395,000
$135/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Summary: The median home sold price in River Mountain was $395,000 in March 2024, down 10.4% from last month, and the median price per square foot was $135.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $399.9K | $380K | -5.0% |
4 Bedrooms | $547.5K | $321K | -41.4% |
5+ Bedrooms | $500K | $451K | -9.8% |
Summary: River Mountain 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 decreased by 5%, 4 bedroom homes decreased by 41.4%, and 5+ bedroom homes decreased by 9.8%.
Housing Supply in River Mountain, AR
How many homes are available in River Mountain, AR?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
34 | 43 | +26.5% |
Summary: The River Mountain real estate market had 43 homes for sale in March 2024, a 26.5% 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 | 0 | 0 | 0.0% |
3 Bedrooms | 14 | 16 | +14.3% |
4 Bedrooms | 10 | 17 | +70.0% |
5+ Bedrooms | 10 | 10 | 0.0% |
Summary: The River Mountain 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 remained the same, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 70%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
8 | 10 | +25.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in River Mountain in March 2024, up by 25.0% month-over-month. Of the 10 sold homes, 60% were sold under asking, 10% were sold at asking, and 30% were sold over asking.
Days on Market for River Mountain, AR
We’re sorry, we don't have information for this market at the moment