Is Trumann, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Trumann was a Neutral Market.
Housing Prices in Trumann, AR
How much do homes in Trumann, AR cost?
Median Sold Price
$163,950
$110/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Summary: The median home sold price in Trumann was $163,950 in March 2024, up 29.2% from last month, and the median price per square foot was $110.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $39.1K | $65K | +66.2% |
3 Bedrooms | $126.9K | $169.9K | +33.9% |
4 Bedrooms | $280K | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Trumann 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 66.2%, 3 bedroom homes increased by 33.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Trumann | $126.9K | $163.9K | +29.2% |
Willis Township | $184.6K | $163.9K | -11.2% |
Housing Supply in Trumann, AR
How many homes are available in Trumann, AR?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
41 | 38 | -7.3% |
Summary: The Trumann real estate market had 38 homes for sale in March 2024, a 7.3% 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 | 7 | 6 | -14.3% |
3 Bedrooms | 32 | 29 | -9.4% |
4 Bedrooms | 2 | 3 | +50.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Trumann 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 14.3%, 3 bedroom homes decreased by 9.4%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
6 | 11 | +83.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
5 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Trumann in March 2024, up by 83.3% month-over-month. Of the 8 sold homes, 13% were sold under asking, 63% were sold at asking, and 25% were sold over asking.
Days on Market for Trumann, AR
We’re sorry, we don't have information for this market at the moment