Is Sheridan, 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, Sheridan was a Buyer's Market.
Housing Prices in Sheridan, AR
How much do homes in Sheridan, AR cost?
Median Sold Price
$260,000
$162/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Sheridan was $260,000 in May 2024, up 18.2% from last month, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $140.4K | $142.5K | +1.5% |
3 Bedrooms | $219.9K | $230K | +4.6% |
4 Bedrooms | $420K | $365.1K | -13.1% |
5+ Bedrooms | - | $610K | N/A |
Summary: Sheridan housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.5%, 3 bedroom homes increased by 4.6%, 4 bedroom homes decreased by 13.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Sheridan | $219.9K | $260K | +18.2% |
Merry Green Township | $220K | $260K | +18.2% |
Housing Supply in Sheridan, AR
How many homes are available in Sheridan, AR?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
51 | 59 | +15.7% |
Summary: The Sheridan real estate market had 59 homes for sale in May 2024, a 15.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 3 | 0.0% |
3 Bedrooms | 28 | 30 | +7.1% |
4 Bedrooms | 18 | 23 | +27.8% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Sheridan housing inventory by bedroom type for May 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 7.1%, 4 bedroom homes increased by 27.8%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
6 | 14 | +133.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Sheridan in May 2024, up by 133.3% month-over-month. Of the 13 sold homes, 46% were sold under asking, 46% were sold at asking, and 8% were sold over asking.
Days on Market for Sheridan, AR
We’re sorry, we don't have information for this market at the moment