Is Conway, 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, Conway has remained a Seller's Market.
Housing Prices in Conway, AR
How much do homes in Conway, AR cost?
Median Sold Price
$280,000
$160/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Conway was $280,000 in April 2024, down 4.7% from last month, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $194K | $220K | +13.4% |
3 Bedrooms | $230K | $215K | -6.5% |
4 Bedrooms | $400K | $413K | +3.3% |
5+ Bedrooms | $621K | $615K | -1.0% |
Summary: Conway 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 increased by 13.4%, 3 bedroom homes decreased by 6.5%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes decreased by 1%.
Median Sold Price Compared To Nearby Cities
Cadron Township | $271.5K | $280K | +3.1% |
Conway | $293.7K | $280K | -4.7% |
Pine Mountain Township | $490K | $228.5K | -53.4% |
Housing Supply in Conway, AR
How many homes are available in Conway, AR?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
271 | 272 | 0.4% |
Summary: The Conway real estate market had 272 homes for sale in April 2024, a 0.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 18 | 18 | 0.0% |
3 Bedrooms | 134 | 134 | 0.0% |
4 Bedrooms | 105 | 100 | -4.8% |
5+ Bedrooms | 14 | 20 | +42.9% |
Summary: The Conway 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 remained the same, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes increased by 42.9%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
74 | 89 | +20.3% |
Asking Price vs. Sold Price
28 Homes Were Sold
Under Asking
41 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Summary: A total of 89 homes were sold or pending in Conway in April 2024, up by 20.3% month-over-month. Of the 84 sold homes, 33% were sold under asking, 49% were sold at asking, and 18% were sold over asking.
Days on Market for Conway, AR
We’re sorry, we don't have information for this market at the moment