Is Saline 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, Saline County has remained a Seller's Market.
Housing Prices in Saline County, AR
How much do homes in Saline County, AR cost?
Median Sold Price
$254,900
$149/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Summary: The median home sold price in Saline County was $254,900 in March 2024, up 12.5% from last month, and the median price per square foot was $149.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $105K | N/A |
2 Bedrooms | $130K | $101.9K | -21.6% |
3 Bedrooms | $207K | $210.5K | +1.7% |
4 Bedrooms | $309K | $350K | +13.3% |
5+ Bedrooms | $359.5K | $796K | +121.4% |
Summary: Saline 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 21.6%, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes increased by 121.4%.
Median Sold Price Compared To Nearby Counties
Pulaski County | $193.2K | $223.6K | +15.7% |
Saline County | $226.5K | $254.9K | +12.5% |
Hot Spring County | $179.5K | $195K | +8.6% |
Garland County | $280K | $289.5K | +3.4% |
Perry County | $229.9K | $142.5K | -38.0% |
Housing Supply in Saline County, AR
How many homes are available in Saline County, AR?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
450 | 501 | +11.3% |
Summary: The Saline County real estate market had 501 homes for sale in March 2024, a 11.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 14 | 15 | +7.1% |
3 Bedrooms | 219 | 229 | +4.6% |
4 Bedrooms | 184 | 213 | +15.8% |
5+ Bedrooms | 31 | 42 | +35.5% |
Summary: The Saline 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 7.1%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 15.8%, and 5+ bedroom homes increased by 35.5%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
110 | 126 | +14.5% |
Asking Price vs. Sold Price
49 Homes Were Sold
Under Asking
44 Homes Were Sold
At Asking
26 Homes Were Sold
Over Asking
Summary: A total of 126 homes were sold or pending in Saline County in March 2024, up by 14.5% month-over-month. Of the 119 sold homes, 41% were sold under asking, 37% were sold at asking, and 22% were sold over asking.
Days on Market for Saline County, AR
How long does it take to sell a home in Saline County, AR?
Average Sale Time
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
189 Days | 111 Days | -41.3% |
Summary: Homes in Saline County had an average of 111 days on market in Mar 2024, down by 41.3% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During March 2024, 126 homes were sold in Saline County; 1% of homes were sold within 30 days, 2% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.