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Featured local agent — Gassville, AR

Sarah Mitchell

CNESRESABR

Compass Real Estate · Gassville, AR

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Gassville, AR(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Gassville, AR Housing Market & Real Estate

Leaning buyer's+2.4% YoY

Housing market overview · Updated monthly ·

$149,950median sale price

How is the Gassville, AR housing market right now?

The median home sale price in Gassville, AR is $149,950, up 2.4% year-over-year. Homes sell in an average of 44 days with 10 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Gassville a buyer's or seller's market?

Leaning buyer's5.0 months of supply44 avg. days on market

Gassville, AR is currently a leaning buyer's, based on 5.0 months of supply and homes selling in about 44 days. How we determine this →

Homes sold

2

Last 12 weeks

Days on market

44

Average pace

Active listings

10

5.0 months supply

Sale-to-list

94.8%

Below asking

What does the Gassville housing market data show?

Current housing market statistics for Gassville, AR
MetricValue
Median sale price$149,950
Median list price$200,000
Year-over-year price change+2.4%
Average days on market44 days
Active inventory10 listings
Months of supply5.0 months
Sale-to-list price ratio94.8%
Median price per sq ft$123/sq ft
Homes sold (latest month)2
New listings (latest month)3
Listings with a price cut30.0%
Market conditionLeaning buyer's

Source: Redfin · Updated monthly

How much do homes cost in Gassville by property type?

How the Gassville, AR market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Gassville, AR
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$149,950$123/sq ft244 days

Source: Redfin · Updated monthly

The Gassville housing market is currently classified as a leaning buyer's with a median sale price of $149,950. Prices have risen 2.4% compared to last year, with homes spending an average of 44 days on market, indicating 5.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.2x provides context for how home values compare to local earning capacity.

Market trends

Homes for sale in Gassville

There are currently 10 homes listed for sale in Gassville, Arkansas. The median listing price is $200K.

Active listings

10

Homes on market

Median list price

$200K

Avg. days on market

44

Days until sale

New this week

3

Newly listed

Price drops:30.0%of listings
Sale-to-list:94.8%

Who lives in Gassville?

Population

2,216

Median income

$47,404/yr

Median age

38 years

Owner-occupied

68.0%

College grads

11.7%

Avg commute

20.6 min

Source: U.S. Census Bureau ACS

What are homes worth in Gassville?

Zillow home value

$198,686

Price-to-income

4.2x

Source: Zillow Research

What is it like to live in Gassville?

Gassville is a community of approximately 2K residents with a median age of 38 years.The median household income is $47,404, which represents a working-class community with solid middle-income opportunities. 11.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 68.0%, reflecting strong community stability and long-term resident commitment. The average commute time is 20.6 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Gassville offers a balanced lifestyle with accessible home values relative to local income levels.

Which cities are near Gassville, AR?

Want a head-to-head view? Compare Gassville side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Gassville?

The median home sale price in Gassville is $149,950, up 2.4% from last year.

How long do homes stay on market in Gassville?

Homes typically spend 44 days on market before going under contract.

What is the median income in Gassville?

The median household income is $47,404 per year.

Is Gassville a buyer's or seller's market?

With 5.0 months of supply, Gassville is currently a leaning buyer's.

What is the Zillow home value estimate for Gassville?

The Zillow Home Value Index (ZHVI) for Gassville is $198,686, representing the typical home value in the area.

How much does a single-family home cost in Gassville?

The median single-family home price in Gassville, AR is $149,950 (about $123 per square foot).

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