Is Cabot, 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, Cabot has remained a Seller's Market.
Housing Prices in Cabot, AR
How much do homes in Cabot, AR cost?
Median Sold Price
$244,900
$142/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Cabot was $244,900 in April 2024, up 8.8% from last month, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $148.9K | $162K | +8.8% |
3 Bedrooms | $216.7K | $210K | -3.1% |
4 Bedrooms | $365K | $344.5K | -5.6% |
5+ Bedrooms | $622K | $561K | -9.8% |
Summary: Cabot 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 8.8%, 3 bedroom homes decreased by 3.1%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes decreased by 9.8%.
Median Sold Price Compared To Nearby Cities
Austin | $214.5K | $245K | +14.2% |
Cabot | $225K | $244.9K | +8.8% |
York Township | $219.2K | $215K | -1.9% |
Caroline Township | $224K | $199.9K | -10.7% |
Ward Township | $226.2K | $193.5K | -14.5% |
Housing Supply in Cabot, AR
How many homes are available in Cabot, AR?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
168 | 185 | +10.1% |
Summary: The Cabot real estate market had 185 homes for sale in April 2024, a 10.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 2 | -60.0% |
3 Bedrooms | 86 | 92 | +7.0% |
4 Bedrooms | 65 | 79 | +21.5% |
5+ Bedrooms | 12 | 12 | 0.0% |
Summary: The Cabot 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 decreased by 60%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 21.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
46 | 41 | -10.9% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 41 homes were sold or pending in Cabot in April 2024, down by 10.9% month-over-month. Of the 40 sold homes, 45% were sold under asking, 38% were sold at asking, and 18% were sold over asking.
Days on Market for Cabot, AR
We’re sorry, we don't have information for this market at the moment