Is Marion County, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Marion County is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Marion County, AR

How much do homes in Marion County, AR cost?

Median Sold Price

$259,200

$131/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$74,200(+40.1%)

Key Takeaway

Homes in Marion County have sold for 40.1% more than they did a month ago.

Summary: The median home sold price in Marion County was $259,200 in April 2024, up 40.1% from last month, and the median price per square foot was $131.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 $175K-
N/A
2 $167.2K$60K
-64.1%
3 $218K$259.2K
+18.9%
4 $333K$275K
-17.4%
5+ $392.5K-
N/A

Summary: Marion 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 decreased by 64.1%, 3 bedroom homes increased by 18.9%, 4 bedroom homes decreased by 17.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Marion County
+40.1%
Baxter County
+3.9%
Searcy County
-20.5%

Housing Supply in Marion County, AR

How many homes are available in Marion County, AR?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
36360.0%

Summary: The Marion County real estate market had 36 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 21
-50.0%
2 87
-12.5%
3 2023
+15.0%
4 23
+50.0%
5+ 42
-50.0%

Summary: The Marion County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 12.5%, 3 bedroom homes increased by 15%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
990.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Marion County, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Marion County in April 2024, the same as the previous month. Of the 9 sold homes, 44% were sold under asking, 22% were sold at asking, and 33% were sold over asking.

Days on Market for Marion County, AR

How long does it take to sell a home in Marion County, AR?

Average Sale Time

Mar 2024Apr 2024CHANGE
183 Days138 Days-24.2%

Summary: Homes in Marion County had an average of 138 days on market in Apr 2024, down by 24.2% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Marion County are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 9 homes were sold in Marion County; 11% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.

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

Report Updated 4 Days Ago

Newest Listings in Marion County, AR

Nearby Markets to Marion County, AR

What housing markets are near Marion County, AR?