Is Sherwood, 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, Sherwood has remained a Seller's Market.
Housing Prices in Sherwood, AR
How much do homes in Sherwood, AR cost?
Median Sold Price
$274,950
$140/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Sherwood was $274,950 in April 2024, up 23.7% from last month, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $150K | $139.9K | -6.7% |
3 Bedrooms | $192K | $220K | +14.6% |
4 Bedrooms | $325K | $337.5K | +3.8% |
5+ Bedrooms | - | $502.4K | N/A |
Summary: Sherwood 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 6.7%, 3 bedroom homes increased by 14.6%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Jacksonville | $130K | $162.5K | +25.0% |
Sherwood | $222.2K | $274.9K | +23.7% |
Hill Township | $192K | $199.5K | +3.9% |
North Little Rock | $183K | $176K | -3.8% |
Housing Supply in Sherwood, AR
How many homes are available in Sherwood, AR?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
155 | 158 | +1.9% |
Summary: The Sherwood real estate market had 158 homes for sale in April 2024, a 1.9% 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 | 5 | 4 | -20.0% |
3 Bedrooms | 92 | 95 | +3.3% |
4 Bedrooms | 50 | 51 | +2.0% |
5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The Sherwood 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 decreased by 20%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
48 | 44 | -8.3% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 44 homes were sold or pending in Sherwood in April 2024, down by 8.3% month-over-month. Of the 44 sold homes, 48% were sold under asking, 30% were sold at asking, and 23% were sold over asking.
Days on Market for Sherwood, AR
We’re sorry, we don't have information for this market at the moment
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 44 homes were sold in Sherwood; 2% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.