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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sevier County is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Sevier County was a Neutral Market.

Key Takeaway

Sevier County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Sevier County, AR

How much do homes in Sevier County, AR cost?

Median Sold Price

$296,000

$114/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$161,000(+119.3%)

Key Takeaway

Homes in Sevier County have sold for 119.3% more than they did a month ago.

Summary: The median home sold price in Sevier County was $296,000 in April 2024, up 119.3% from last month, and the median price per square foot was $114.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $135K$244K
+80.7%
4 -$1.1M
N/A
5+ --
N/A

Summary: Sevier 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 increased by 80.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Sevier County
+119.3%
Polk County
+35.0%
Howard County
+9.6%
Little River County
-25.2%

Housing Supply in Sevier County, AR

How many homes are available in Sevier County, AR?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2122+4.8%

Summary: The Sevier County real estate market had 22 homes for sale in April 2024, a 4.8% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 22
0.0%
3 1516
+6.7%
4 33
0.0%
5+ 11
0.0%

Summary: The Sevier 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 remained the same, 3 bedroom homes increased by 6.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
330.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sevier 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 3 homes were sold or pending in Sevier County in April 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Sevier 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 Sevier County, AR

Nearby Markets to Sevier County, AR

What housing markets are near Sevier County, AR?