Is Lonoke County, 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, Lonoke County has remained a Seller's Market.
Key Takeaway
Lonoke County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lonoke County, AR
How much do homes in Lonoke County, AR cost?
Median Sold Price
$220,916
$142/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Lonoke County have sold for 0.9% less than they did a month ago.
Summary: The median home sold price in Lonoke County was $220,916 in April 2024, down 0.9% 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 | $123.4K | $129K | +4.5% |
| 3 Bedrooms | $212.5K | $203.5K | -4.2% |
| 4 Bedrooms | $330.3K | $294K | -11.0% |
| 5+ Bedrooms | $530K | $447K | -15.7% |
Summary: Lonoke County 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 4.5%, 3 bedroom homes decreased by 4.2%, 4 bedroom homes decreased by 11%, and 5+ bedroom homes decreased by 15.7%.
Median Sold Price Compared To Nearby Counties
| Pulaski County | $216.8K | $235K | +8.4% |
| Jefferson County | $142.5K | $153.7K | +7.9% |
| White County | $186K | $186.2K | 0.1% |
| Lonoke County | $223K | $220.9K | -0.9% |
Housing Supply in Lonoke County, AR
How many homes are available in Lonoke County, AR?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 285 | 324 | +13.7% |
Summary: The Lonoke County real estate market had 324 homes for sale in April 2024, a 13.7% 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 | 15 | 16 | +6.7% |
| 3 Bedrooms | 154 | 170 | +10.4% |
| 4 Bedrooms | 100 | 122 | +22.0% |
| 5+ Bedrooms | 16 | 16 | 0.0% |
Summary: The Lonoke County 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 increased by 6.7%, 3 bedroom homes increased by 10.4%, 4 bedroom homes increased by 22%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 73 | 79 | +8.2% |
Asking Price vs. Sold Price
30 Homes Were Sold
Under Asking
34 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lonoke County, expect to pay close to the asking price. 44.7% of homes here sold near the asking price last month.
Summary: A total of 79 homes were sold or pending in Lonoke County in April 2024, up by 8.2% month-over-month. Of the 76 sold homes, 39% were sold under asking, 45% were sold at asking, and 16% were sold over asking.
Days on Market for Lonoke County, AR
We’re sorry, we don't have information for this market at the moment
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Cooperative Arkansas REALTORS® Multiple Listing Services, Inc. Real estate listings, held by brokerage firms other than this broker, are marked with the Broker Reciprocity℠ logo and information about them includes the name of the listing brokers. The IDX information is provided exclusively for consumers’ personal, non-commercial use that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2024 Cooperative Arkansas Realtors MLS. All Rights Reserved.