20 cities with year-over-year price decreases
-35.1%
Biggest Drop
-12.1%
Avg Decline
Price drops can signal buying opportunities. These markets may offer better negotiating leverage and more affordable entry points compared to last year.
| # | City | YoY Change | Median Price | Days on Market | Months Supply |
|---|---|---|---|---|---|
| 1 | Sheridan | -35.1% | $185K | 61 days | 3.9 mo |
| 2 | Cherokee Village | -29.7% | $140K | 43 days | 5.9 mo |
| 3 | El Dorado | -26.3% | $115K | 46 days | 2.6 mo |
| 4 | Marion | -23.3% | $246K | 23 days | 2.1 mo |
| 5 | Rockwell | -21.5% | $255K | 56 days | 3.2 mo |
| 6 | Vilonia | -20.2% | $200K | 87 days | 3.1 mo |
| 7 | Tontitown | -18.6% | $391K | 28 days | 3.9 mo |
| 8 | Highfill | -9.7% | $253K | 48 days | 2.6 mo |
| 9 | Maumelle | -8.5% | $316K | 51 days | 4.0 mo |
| 10 | Conway | -8.3% | $220K | 48 days | 3.1 mo |
| 11 | Van Buren | -8.3% | $195K | 44 days | 2.6 mo |
| 12 | Beebe | -7.3% | $188K | 54 days | 3.3 mo |
| 13 | Jacksonville | -7.3% | $162K | 83 days | 3.3 mo |
| 14 | Jonesboro | -6.5% | $212K | 71 days | 3.8 mo |
| 15 | Ward | -4.6% | $208K | 60 days | 2.3 mo |
| 16 | Bryant | -2.9% | $257K | 68 days | 2.3 mo |
| 17 | Cabot | -1.8% | $243K | 69 days | 4.2 mo |
| 18 | Centerton | -1.3% | $408K | 105 days | 3.6 mo |
| 19 | Fort Smith | -0.9% | $218K | 45 days | 5.6 mo |
| 20 | Bella Vista | -0.4% | $365K | 41 days | 3.3 mo |
20 cities in Arkansas are experiencing year-over-year price declines. The largest drop is in Sheridan at -35.1%.
Price drops can create buying opportunities, but timing the market is difficult. Work with a local agent who understands whether a market is stabilizing or may continue to decline.
Work with a local agent who can help you identify value in changing markets.
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