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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pope County is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Pope County, AR

How much do homes in Pope County, AR cost?

Median Sold Price

$143,000

$107/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$42,200(-22.8%)

Key Takeaway

Homes in Pope County have sold for 22.8% less than they did a month ago.

Summary: The median home sold price in Pope County was $143,000 in April 2024, down 22.8% from last month, and the median price per square foot was $107.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $78.5K-
N/A
3 $167.4K$130K
-22.3%
4 $259K$160.3K
-38.1%
5+ $340K-
N/A

Summary: Pope 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 did not change, 3 bedroom homes decreased by 22.3%, 4 bedroom homes decreased by 38.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Johnson County
+53.0%
Conway County
-6.6%
Pope County
-22.8%

Housing Supply in Pope County, AR

How many homes are available in Pope County, AR?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
6158-4.9%

Summary: The Pope County real estate market had 58 homes for sale in April 2024, a 4.9% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 01
+100.0%
2 31
-66.7%
3 4038
-5.0%
4 1515
0.0%
5+ 33
0.0%

Summary: The Pope County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 66.7%, 3 bedroom homes decreased by 5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1811-38.9%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pope County, you may be able to get a good deal. 72.7% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Pope County in April 2024, down by 38.9% month-over-month. Of the 11 sold homes, 73% were sold under asking, 9% were sold at asking, and 18% were sold over asking.

Days on Market for Pope County, 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 17 Days Ago

Newest Listings in Pope County, AR

Nearby Markets to Pope County, AR

What housing markets are near Pope County, AR?