Is Sherwood, 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, Sherwood has remained a Seller's Market.
Housing Prices in Sherwood, AR
How much do homes in Sherwood, AR cost?
Median Sold Price
$223,000
$140/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Summary: The median home sold price in Sherwood was $223,000 in March 2024, up 0.9% from last month, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $135.9K | $150K | +10.3% |
3 Bedrooms | $186K | $192K | +3.2% |
4 Bedrooms | $370.4K | $345K | -6.9% |
5+ Bedrooms | $524.5K | - | N/A |
Summary: Sherwood 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 10.3%, 3 bedroom homes increased by 3.2%, 4 bedroom homes decreased by 6.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
North Little Rock | $145.5K | $186.5K | +28.2% |
Hill Township | $175K | $191K | +9.1% |
Sherwood | $221K | $223K | +0.9% |
Jacksonville | $173K | $135.5K | -21.7% |
Housing Supply in Sherwood, AR
How many homes are available in Sherwood, AR?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
166 | 158 | -4.8% |
Summary: The Sherwood real estate market had 158 homes for sale in March 2024, a 4.8% decrease 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 | 5 | 5 | 0.0% |
3 Bedrooms | 101 | 95 | -5.9% |
4 Bedrooms | 52 | 50 | -3.8% |
5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The Sherwood 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 decreased by 5.9%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
49 | 47 | -4.1% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 47 homes were sold or pending in Sherwood in March 2024, down by 4.1% month-over-month. Of the 47 sold homes, 43% were sold under asking, 32% were sold at asking, and 26% were sold over asking.
Days on Market for Sherwood, AR
We’re sorry, we don't have information for this market at the moment