Is Garland County, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Garland County was a Neutral Market.
Housing Prices in Garland County, AR
How much do homes in Garland County, AR cost?
Median Sold Price
$285,500
$153/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Garland County was $285,500 in April 2024, down 1% from last month, and the median price per square foot was $153.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $136.2K | $185K | +35.8% |
2 Bedrooms | $205K | $179.5K | -12.4% |
3 Bedrooms | $285.2K | $287.9K | +0.9% |
4 Bedrooms | $632.5K | $483.5K | -23.6% |
5+ Bedrooms | $260K | $750K | +188.5% |
Summary: Garland County housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes increased by 35.8%, 2 bedroom homes decreased by 12.4%, 3 bedroom homes increased by 0.9%, 4 bedroom homes decreased by 23.6%, and 5+ bedroom homes increased by 188.5%.
Median Sold Price Compared To Nearby Counties
Perry County | $135K | $159.9K | +18.5% |
Saline County | $249K | $255.1K | +2.5% |
Garland County | $288.5K | $285.5K | -1.0% |
Montgomery County | $278.7K | $216K | -22.5% |
Hot Spring County | $195K | $149.7K | -23.2% |
Housing Supply in Garland County, AR
How many homes are available in Garland County, AR?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
784 | 867 | +10.6% |
Summary: The Garland County real estate market had 867 homes for sale in April 2024, a 10.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 23 | 20 | -13.0% |
2 Bedrooms | 182 | 203 | +11.5% |
3 Bedrooms | 396 | 442 | +11.6% |
4 Bedrooms | 132 | 142 | +7.6% |
5+ Bedrooms | 51 | 60 | +17.6% |
Summary: The Garland County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 13%, 2 bedroom homes increased by 11.5%, 3 bedroom homes increased by 11.6%, 4 bedroom homes increased by 7.6%, and 5+ bedroom homes increased by 17.6%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
128 | 165 | +28.9% |
Asking Price vs. Sold Price
94 Homes Were Sold
Under Asking
40 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Summary: A total of 165 homes were sold or pending in Garland County in April 2024, up by 28.9% month-over-month. Of the 152 sold homes, 62% were sold under asking, 26% were sold at asking, and 12% were sold over asking.
Days on Market for Garland County, AR
We’re sorry, we don't have information for this market at the moment