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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Randolph County is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Randolph County was a Seller's Market.

Key Takeaway

Randolph County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Randolph County, AR

How much do homes in Randolph County, AR cost?

Median Sold Price

$129,500

$63/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$55,500(-30.0%)

Key Takeaway

Homes in Randolph County have sold for 30% less than they did a month ago.

Summary: The median home sold price in Randolph County was $129,500 in April 2024, down 30% from last month, and the median price per square foot was $63.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 -$70K
N/A
3 $176.4K$100K
-43.3%
4 $185K$159K
-14.1%
5+ -$220K
N/A

Summary: Randolph 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 43.3%, 4 bedroom homes decreased by 14.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Sharp County
-7.6%
Greene County
-10.0%
Randolph County
-30.0%
Lawrence County
-39.2%

Housing Supply in Randolph County, AR

How many homes are available in Randolph County, AR?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
3736-2.7%

Summary: The Randolph County real estate market had 36 homes for sale in April 2024, a 2.7% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 01
+100.0%
2 66
0.0%
3 1918
-5.3%
4 98
-11.1%
5+ 33
0.0%

Summary: The Randolph 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 remained the same, 3 bedroom homes decreased by 5.3%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
96-33.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Randolph County, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Randolph County in April 2024, down by 33.3% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.

Days on Market for Randolph 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 Randolph County, AR

Nearby Markets to Randolph County, AR

What housing markets are near Randolph County, AR?