Is Sheridan, 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, Sheridan has remained a Seller's Market.
Housing Prices in Sheridan, AR
How much do homes in Sheridan, AR cost?
Median Sold Price
$189,500
$129/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Summary: The median home sold price in Sheridan was $189,500 in March 2024, down 23.6% from last month, and the median price per square foot was $129.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $61.2K | $90.2K | +47.3% |
3 Bedrooms | $240K | $205K | -14.6% |
4 Bedrooms | $385K | $299.9K | -22.1% |
5+ Bedrooms | $682K | - | N/A |
Summary: Sheridan 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 47.3%, 3 bedroom homes decreased by 14.6%, 4 bedroom homes decreased by 22.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Merry Green Township | $244K | $252.4K | +3.5% |
Sheridan | $248K | $189.5K | -23.6% |
Housing Supply in Sheridan, AR
How many homes are available in Sheridan, AR?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
47 | 49 | +4.3% |
Summary: The Sheridan real estate market had 49 homes for sale in March 2024, a 4.3% 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 | 6 | 5 | -16.7% |
3 Bedrooms | 23 | 25 | +8.7% |
4 Bedrooms | 14 | 16 | +14.3% |
5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Sheridan 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 decreased by 16.7%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
15 | 10 | -33.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Sheridan in March 2024, down by 33.3% month-over-month. Of the 10 sold homes, 60% were sold under asking, 30% were sold at asking, and 10% were sold over asking.
Days on Market for Sheridan, AR
We’re sorry, we don't have information for this market at the moment