Is Saline 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, Saline County has remained a Seller's Market.
Key Takeaway
Saline County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Saline County, AR
How much do homes in Saline County, AR cost?
Median Sold Price
$255,175
$149/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Saline County have sold for 2.5% more than they did a month ago.
Summary: The median home sold price in Saline County was $255,175 in April 2024, up 2.5% from last month, and the median price per square foot was $149.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $105K | $400K | +281.0% |
| 2 Bedrooms | $101.9K | $156K | +53.1% |
| 3 Bedrooms | $213.5K | $209K | -2.1% |
| 4 Bedrooms | $325.7K | $350.8K | +7.7% |
| 5+ Bedrooms | $747.5K | $642K | -14.1% |
Summary: Saline County housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes increased by 281%, 2 bedroom homes increased by 53.1%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes decreased by 14.1%.
Median Sold Price Compared To Nearby Counties
| Perry County | $135K | $159.9K | +18.5% |
| Pulaski County | $216.8K | $235K | +8.4% |
| Saline County | $249K | $255.1K | +2.5% |
| Garland County | $288.5K | $285.5K | -1.0% |
| Hot Spring County | $195K | $149.7K | -23.2% |
Housing Supply in Saline County, AR
How many homes are available in Saline County, AR?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 496 | 513 | +3.4% |
Summary: The Saline County real estate market had 513 homes for sale in April 2024, a 3.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 24 | 23 | -4.2% |
| 3 Bedrooms | 221 | 243 | +10.0% |
| 4 Bedrooms | 208 | 201 | -3.4% |
| 5+ Bedrooms | 41 | 44 | +7.3% |
Summary: The Saline 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 4.2%, 3 bedroom homes increased by 10%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes increased by 7.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 131 | 129 | -1.5% |
Asking Price vs. Sold Price
49 Homes Were Sold
Under Asking
48 Homes Were Sold
At Asking
23 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Saline County, you may be able to get a good deal. 40.8% of homes here sold below asking price last month.
Summary: A total of 129 homes were sold or pending in Saline County in April 2024, down by 1.5% month-over-month. Of the 120 sold homes, 41% were sold under asking, 40% were sold at asking, and 19% were sold over asking.
Days on Market for Saline County, AR
How long does it take to sell a home in Saline County, AR?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 95 Days | 171 Days | +79.7% |
Summary: Homes in Saline County had an average of 171 days on market in Apr 2024, up by 79.7% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Saline County are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During April 2024, 129 homes were sold in Saline County; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.
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.