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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sharp County is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Sharp County has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Sharp County, AR

How much do homes in Sharp County, AR cost?

Median Sold Price

$140,000

$131/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$11,500(-7.6%)

Key Takeaway

Homes in Sharp County have sold for 7.6% less than they did a month ago.

Summary: The median home sold price in Sharp County was $140,000 in April 2024, down 7.6% from last month, and the median price per square foot was $131.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 -$108K
N/A
2 $145K$95K
-34.5%
3 $200K$177.5K
-11.3%
4 -$369.5K
N/A
5+ --
N/A

Summary: Sharp 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 34.5%, 3 bedroom homes decreased by 11.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Izard County
+98.9%
Sharp County
-7.6%
Fulton County
-10.3%
Randolph County
-30.0%
Lawrence County
-39.2%

Housing Supply in Sharp County, AR

How many homes are available in Sharp County, AR?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
114137+20.2%

Summary: The Sharp County real estate market had 137 homes for sale in April 2024, a 20.2% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 44
0.0%
2 5658
+3.6%
3 4455
+25.0%
4 816
+100.0%
5+ 24
+100.0%

Summary: The Sharp 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 increased by 3.6%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1620+25.0%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sharp 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 20 homes were sold or pending in Sharp County in April 2024, up by 25.0% month-over-month. Of the 18 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.

Days on Market for Sharp County, AR

How long does it take to sell a home in Sharp County, AR?

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Sharp County are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 20 homes were sold in Sharp County; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

Newest Listings in Sharp County, AR

Nearby Markets to Sharp County, AR

What housing markets are near Sharp County, AR?