Is Montgomery County, 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, Montgomery County was a Buyer's Market.
Housing Prices in Montgomery County, AR
How much do homes in Montgomery County, AR cost?
Median Sold Price
$216,000
$124/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Montgomery County was $216,000 in April 2024, down 22.5% from last month, and the median price per square foot was $124.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $277.5K | $90K | -67.6% |
3 Bedrooms | - | $212K | N/A |
4 Bedrooms | - | $570K | N/A |
5+ Bedrooms | $400K | $850K | +112.5% |
Summary: Montgomery 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 67.6%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes increased by 112.5%.
Median Sold Price Compared To Nearby Counties
Pike County | $168.5K | $270K | +60.2% |
Polk County | $137K | $185K | +35.0% |
Garland County | $288.5K | $285.5K | -1.0% |
Montgomery County | $278.7K | $216K | -22.5% |
Hot Spring County | $195K | $149.7K | -23.2% |
Housing Supply in Montgomery County, AR
How many homes are available in Montgomery County, AR?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
30 | 34 | +13.3% |
Summary: The Montgomery County real estate market had 34 homes for sale in April 2024, a 13.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 8 | 7 | -12.5% |
3 Bedrooms | 9 | 15 | +66.7% |
4 Bedrooms | 4 | 4 | 0.0% |
5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Montgomery 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 decreased by 12.5%, 3 bedroom homes increased by 66.7%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 6 | +50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Montgomery County in April 2024, up by 50.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.
Days on Market for Montgomery County, AR
We’re sorry, we don't have information for this market at the moment