Garland County Housing Market Report December 2024•Garland County, Arkansas

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Housing Prices in Garland County, AR

How much do homes in Garland County, AR cost?

Housing Market Conditions

Is Garland County, 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

Garland County is a Neutral Market

Difference Since November 2024

Last month, Garland County was a Seller's Market.

Insight

Garland County 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.
$318,250$158/SqFt
+$28,250
+9.7%

Based on all homes sold in December 2024

Insight

Homes in Garland County have sold for 9.7% more than they did a month ago.

Summary: The median home sold price in Garland County was $318,250 in December 2024, up 9.7% from last month, and the median price per square foot was $158.

Median Sold Price By City

Median Sold Price By City
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 MoM
Montgomery County
+93.3%
Hot Spring County
+11.5%
Garland County
+9.7%
Saline County
-15.0%
Perry County
-21.1%

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.
BedsNov 2024Dec 2024Change MoM
1--
N/A
2$162.5K$164.2K
+1.1%
3$266.5K$311.5K
+16.9%
4$390K$365K
-6.4%
5$560K$512K
-8.6%

Summary: Garland County housing price by bedroom type for December 2024, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +1.1%. The home price for 3 bedroom homes increased by +16.9%. The home price for 4 bedroom homes decreased by -6.4%. The home price for 5 bedroom homes decreased by -8.6%.

Housing supply in Garland County, AR

How many homes are available in Garland County, 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
800Last MonthDec 2024
8302 months agoNov 2024
-3.6 %
Change MoMNov – Dec

Summary: The Garland County real estate market had 800 homes for sale in Dec 2024, a 3.6 % decrease compared to Nov 2024.

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
126Last MonthDec 2024
1452 months agoNov 2024
-13.1 %
Change MoMNov – Dec

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.
BedsNov 2024Dec 2024Change MoM
11118
+63.6%
2179171
-4.5%
3405386
-4.7%
4164160
-2.4%
57165
-8.5%

Summary: Garland County housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes increased by +63.6%. The inventory for 2 bedroom homes decreased by -4.5%. The inventory for 3 bedroom homes decreased by -4.7%. The inventory for 4 bedroom homes decreased by -2.4%. The inventory for 5 bedroom homes decreased by -8.5%.

Asking Price vs. Sold Price

How much do homes in Garland County, 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 Price14 Homes

At Asking Price25 Homes

Under Asking Price77 Homes

Insight

If you're buying a home in Garland County, you may be able to get a good deal. 66.4% of homes here sold below asking price last month.

Summary: A total of 126 homes were sold or pending in Garland County in December 2024, down by 13.1% month-over-month. Of the 116 sold homes, 66% were sold under asking, 22% were sold at asking, and and 12% were sold over asking.

Days on Market for Garland County, AR

How long does it take to sell a home in Garland County, AR?

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days0 Home

Over 90 Days1 Home

Insight

Most homes in Garland County are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During December 2024, 126 homes were sold in Garland County; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 1% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
Last Month1 month agoChange MoM
152 DaysLast MonthDec 2024
115 Days1 month agoNov 2024
+32.2 %
Change MoMNov – Dec

Summary: Homes in Garland County had an average listing age of 152 days in Dec 2024, up by 32.2% compared to the previous month.

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Newest Listings in Garland County, AR

What homes are available in Garland County, AR?

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Nearby markets

Popular Cities with Homes for Sale in Arkansas

MLS Disclaimers and Copyright

Based on information from Cooperative Arkansas REALTORS® MLS, Western River Valley Board of REALTORS® MLS, Houston REALTORS® Information Service, Northwest Arkansas Board of Realtors MLS / Arkansas Regional MLS LLC, and Miami MLS for the period 11/01/2024 - 01/01/2025

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: 1/17/2025, 10:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Copyright Western River Valley Board of REALTORS® MLS. All rights reserved. Listing information provided in part by the Western River Valley BOR MLS for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. Information is deemed reliable but not guaranteed.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 10:16:13 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Broker ReciprocityDisclaimer: The MLS data is provided exclusively to Participants or Subscribers for display on their website solely for consumers’ personal, non-commercial use, that the MLS data may not be used for any purpose other than to display prospective properties consumers may be interested in purchasing or leasing. Information contained on the computer print-outs of the Multiple Listing Service (MLS) of the HOUSTON REALTORS® INFORMATION SERVICE (HRIS) is furnished by MLS Participants for dissemination to other MLS Participants, for their exclusive use, and should not be relied upon by Buyer/Tenant or any other person. There is no express or implied warranty by HRIS or MLS as to the accuracy of such information, which should be independently verified by Buyer/Tenant or such other person. MLS does not verify the information and disclaims any responsibility for its accuracy. Any estimate of value was prepared using automated processes and should not be considered a comparative market analysis (CMA) or appraisal. You may contact us to provide additional information and analysis for a more accurate estimate of the property's value. Digital images modified or enhanced to alter real property characteristics contain a visible and legible watermark across the bottom of the image “Image does not represent actual property as is”.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 1/17/2025, 10:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Broker Reciprocity Disclaimer: 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 the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright © 2025 Northwest Arkansas Board of Realtors 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: 1/17/2025, 10:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX © 2025 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ 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 property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 10:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.