See the lower median price for September home listings in Sebastian County
The median home price in Sebastian County fell to $289,125 in September, marking a 2% decrease from August and a slight decline from September 2024's $290,000. Homes in the area averaged 1,926 square feet, with a listing price of $146 per square foot, remaining consistent year-over-year. Listings took a median of 65 days to sell, slightly longer than the national average of 62 days. The number of new homes listed rose to 188, reflecting a 2. 2% increase from the previous year.
In the broader Fort Smith metro area, median home prices rose to $275,125, suggesting localized market variations. Across Arkansas, the median home price stood at $304,950, with a slight decrease from August, while the national median price was $425,000. The report underscores that median prices provide a clearer picture of market trends compared to averages. This data is crucial for prospective buyers and sellers navigating the current housing market.