Gravette, AR Housing Market & Real Estate

Buyer's market+13.3% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Gravette, AR is $272,000, up 13.3% year-over-year. Homes sell in an average of 158 days with 16 active listings. The market is currently a buyer's market.

$272,000median sale price

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

Buyer's market8.0 months of supply158 avg. days on market

Gravette, AR is currently a buyer's market, based on 8.0 months of supply and homes selling in about 158 days. How we determine this →

Homes sold

2

Last 12 weeks

Days on market

158

Average pace

Active listings

16

8.0 months supply

Sale-to-list

99.2%

Below asking

Gravette, AR market data

Current housing market statistics for Gravette, AR
MetricValue
Median sale price$272,000
Median list price$519,475
Year-over-year price change+13.3%
Average days on market158 days
Active inventory16 listings
Months of supply8.0 months
Sale-to-list price ratio99.2%
Market conditionBuyer's market

Source: Redfin · Updated weekly

The Gravette housing market is currently classified as a buyer's market with a median sale price of $272,000. Prices have risen 13.3% compared to last year, with homes spending an average of 158 days on market, indicating 8.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Gravette

There are currently 16 homes listed for sale in Gravette, Arkansas. The median listing price is $519K.

Active listings

16

Homes on market

Median list price

$519K

Avg. days on market

158

Days until sale

New this week

4

Newly listed

Price drops:31.3%of listings
Sale-to-list:99.2%

Top public schools in Gravette

4 schools tracked · 2,126 students

The largest public schools serving Gravette, AR by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

GRAVETTE HIGH SCHOOL

Grades 9-12 · 625 students

Public

GLENN DUFFY ELEMENTARY SCHOOL

Grades PK-2 · 529 students

Public

GRAVETTE MIDDLE SCHOOL

Grades 6-8 · 521 students

Public

GRAVETTE UPPER ELEMENTARY

Grades 3-5 · 451 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Explore nearby cities in AR

Frequently asked questions

What is the average home price in Gravette?

The median home sale price in Gravette is $272,000, up 13.3% from last year.

How long do homes stay on market in Gravette?

Homes typically spend 158 days on market before going under contract.

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

With 8.0 months of supply, Gravette is currently a buyer's market.

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