Is Searcy, 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, Searcy has remained a Seller's Market.
Housing Prices in Searcy, AR
How much do homes in Searcy, AR cost?
Median Sold Price
$197,500
$124/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Summary: The median home sold price in Searcy was $197,500 in March 2024, down 5% from last month, and the median price per square foot was $124.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $167.4K | $102K | -39.1% |
3 Bedrooms | $204K | $181.7K | -10.9% |
4 Bedrooms | $328.5K | $239K | -27.2% |
5+ Bedrooms | $775K | - | N/A |
Summary: Searcy 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 39.1%, 3 bedroom homes decreased by 10.9%, 4 bedroom homes decreased by 27.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Gray Township | $192K | $195K | +1.6% |
Searcy | $208K | $197.5K | -5.0% |
Kensett | $112K | $40K | -64.3% |
Kensett Township | $112K | $40K | -64.3% |
Housing Supply in Searcy, AR
How many homes are available in Searcy, AR?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
86 | 103 | +19.8% |
Summary: The Searcy real estate market had 103 homes for sale in March 2024, a 19.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 5 | 11 | +120.0% |
3 Bedrooms | 61 | 65 | +6.6% |
4 Bedrooms | 17 | 22 | +29.4% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Searcy housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 120%, 3 bedroom homes increased by 6.6%, 4 bedroom homes increased by 29.4%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
23 | 22 | -4.3% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 22 homes were sold or pending in Searcy in March 2024, down by 4.3% month-over-month. Of the 20 sold homes, 45% were sold under asking, 35% were sold at asking, and 20% were sold over asking.
Days on Market for Searcy, AR
We’re sorry, we don't have information for this market at the moment