Downtown Housing Market Report February 2025•Pulaski County, Arkansas

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Housing Prices in Downtown, AR

How much do homes in Downtown, AR cost?

Housing Market Conditions

Is Downtown, AR a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Downtown is a Neutral Market

Difference Since February 2024

At the same time last year, Downtown was a Seller's Market.

Insight

Downtown is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$190,000$143/SqFt
+$24,500
+14.8%

Based on all homes sold in the last 12 months

Insight

Homes in Downtown have sold for 14.8% more than they did a year ago.

Summary: The median home sold price in Downtown was $190,000 in February 2025, up 14.8% from last year, and the median price per square foot was $143.

Median Sold Price By Neighborhoods

Median Sold Price By Neighborhoods
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Downtown
+14.8%
East of Broadway
-3.1%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2024Feb 2025Change YoY
1$138K$182K
+31.9%
2$189.5K$160K
-15.6%
3$162.4K$249.9K
+53.9%
4$244K$300K
+23.0%
5-$312.5K
N/A

Summary: Downtown housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes increased by +31.9%. The home price for 2 bedroom homes decreased by -15.6%. The home price for 3 bedroom homes increased by +53.9%. The home price for 4 bedroom homes increased by +23.0%. The home price for 5 bedroom homes did not change.

How does Downtown, AR compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Downtown, AR

Housing supply in Downtown, AR

How many homes are available in Downtown, AR?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
54Last MonthFeb 2025
522 months agoJan 2025
+3.8 %
Change MoMJan – Feb

Summary: The Downtown real estate market had 54 homes for sale in Feb 2025, a 3.8 % increase compared to Jan 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
9Last MonthFeb 2025
82 months agoJan 2025
+12.5 %
Change MoMJan – Feb

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
199
0.0%
21922
+15.8%
31316
+23.1%
484
-50.0%
533
0.0%

Summary: Downtown housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +15.8%. The inventory for 3 bedroom homes increased by +23.1%. The inventory for 4 bedroom homes decreased by -50.0%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Downtown, AR cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price1 Home

Under Asking Price6 Homes

Insight

If you're buying a home in Downtown, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Downtown in February 2025, up by 12.5% month-over-month. Of the 7 sold homes, 86% were sold under asking, 14% were sold at asking, and and 0% were sold over asking.

Days on Market for Downtown, AR

We’re sorry, we don't have information for this market at the moment.

Home sale times aren’t available for this area.

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Newest Listings in Downtown, AR

What homes are available in Downtown, AR?

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MLS Disclaimers and Copyright

Based on information from Cooperative Arkansas REALTORS® MLS, and Hot Springs Board of Realtors MLS for the period 03/01/2023 - 03/01/2025

IDXThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Cooperative Arkansas REALTORS® Multiple Listing Services, Inc. Real estate listings, held by brokerage firms other than this broker, are marked with the Broker Reciprocity℠ logo and information about them includes the name of the listing brokers. The IDX information is provided exclusively for consumers’ personal, non-commercial use that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2025 Cooperative Arkansas Realtors MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 12:55:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Copyright © 2025, Hot Springs Board of REALTORS® MLS. All rights reserved. Information deemed reliable but is not guaranteed.

IDX The data relating to real estate for sale on this web site comes in part from the Hot Springs Data Share Program of the Hot Springs Multiple Listing Service. The listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This site will be monitored for 'scraping' and any use of search facilities of data on the site other than by a consumer looking to purchase real estate, is prohibited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 12:45:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.