Is Hensley, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hensley is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Hensley, AR

How much do homes in Hensley, AR cost?

Median Sold Price

$289,950

$142/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$5,050(-1.7%)

Key Takeaway

Homes in Hensley have sold for 1.7% less than they did a month ago.

Summary: The median home sold price in Hensley was $289,950 in April 2024, down 1.7% from last month, and the median price per square foot was $142.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $292.5K$289.9K
-0.9%
4 $525K$309.9K
-41.0%
5+ --
N/A

Summary: Hensley 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 did not change, 3 bedroom homes decreased by 0.9%, 4 bedroom homes decreased by 41%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Mabelvale
+2.2%
Hensley
-1.7%
Banner Township
-8.3%
Hurricane Township
-36.9%

Housing Supply in Hensley, AR

How many homes are available in Hensley, AR?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1915-21.1%

Summary: The Hensley real estate market had 15 homes for sale in April 2024, a 21.1% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 129
-25.0%
4 76
-14.3%
5+ 00
0.0%

Summary: The Hensley 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 25%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
56+20.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hensley, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Hensley in April 2024, up by 20.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Hensley, 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 Apr 1, 2024

Newest Listings in Hensley, AR

Nearby Markets to Hensley, AR

What housing markets are near Hensley, AR?