Is South End, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing South End is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, South End has remained a Seller's Market.

Key Takeaway

South End is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in South End, AR

How much do homes in South End, AR cost?

Median Sold Price

$152,500

$113/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$12,500(+8.9%)

Key Takeaway

Homes in South End have sold for 8.9% more than they did a month ago.

Summary: The median home sold price in South End was $152,500 in April 2024, up 8.9% from last month, and the median price per square foot was $113.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $55K$110K
+100.0%
3 $220K$195K
-11.4%
4 $165K-
N/A
5+ --
N/A

Summary: South End housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 11.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

M.L.K.
+26.0%
South End
+8.9%
East of Broadway
+2.9%

Housing Supply in South End, AR

How many homes are available in South End, AR?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2116-23.8%

Summary: The South End real estate market had 16 homes for sale in April 2024, a 23.8% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 22
0.0%
3 1410
-28.6%
4 54
-20.0%
5+ 00
0.0%

Summary: The South End housing inventory by bedroom type for April 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 28.6%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
660.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in South End, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in South End in April 2024, the same as the previous month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for South End, AR

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 12 Days Ago

Newest Listings in South End, AR

Nearby Markets to South End, AR