Comprehensive market data and analysis
17.5 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M | ||
|---|---|---|---|---|---|---|
| No acreage data available for Datto, Arkansas | ||||||
The median price for land in the Arkansas area is currently $23K per acre. For a typical parcel, the median sale price is $55K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $10K while premium lots reached $308K.
the Arkansas area is currently a strong buyer's market with 17.5 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 17.8% year-over-year.
the Arkansas area currently has 17.5 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
Land in the Arkansas area averages $95K per acre. The median price per acre is $23K, which may be more representative of typical transactions. Most parcels sold are around 1.8 acres.
There are currently 10,584 active listings in the Arkansas area. 3,339 new listings have hit the market in the last 90 days. The median asking price is $75K.
The median land price in the Arkansas area stands at $55K. This translates to roughly $23K per acre for the typical parcel size. The average price is $150K, indicating some higher-priced properties pulling up the average.
The current absorption rate in the Arkansas area is 5.7% (3-month basis), indicating slow demand. With appreciating values (+17.8% YoY), the market shows growth potential. The top-performing broker in this market is Non MLS Sales.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
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