Lonoke, AR Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Lonoke, AR is $65,833, down 34.2% year-over-year. Homes sell in an average of 96 days with 28 active listings. The market is currently a leaning buyer's.
$65,833median sale price
Is Lonoke a buyer's or seller's market?
Lonoke, AR is currently a leaning buyer's, based on 3.1 months of supply and homes selling in about 96 days. How we determine this →
Homes sold
9
Last 12 weeks
Days on market
96
Average pace
Active listings
28
3.1 months supply
Sale-to-list
83.7%
Below asking
Lonoke, AR market data
| Metric | Value |
|---|---|
| Median sale price | $65,833 |
| Median list price | $79,000 |
| Year-over-year price change | -34.2% |
| Average days on market | 96 days |
| Active inventory | 28 listings |
| Months of supply | 3.1 months |
| Sale-to-list price ratio | 83.7% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated weekly
The Lonoke housing market is currently classified as a leaning buyer's with a median sale price of $65,833. Prices have fallen 34.2% compared to last year, with homes spending an average of 96 days on market, indicating 3.1 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Lonoke
There are currently 28 homes listed for sale in Lonoke, Arkansas. The median listing price is $79K.
Active listings
28
Homes on market
Median list price
$79K
Avg. days on market
96
Days until sale
New this week
11
Newly listed
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Frequently asked questions
What is the average home price in Lonoke?
The median home sale price in Lonoke is $65,833, down 34.2% from last year.
How long do homes stay on market in Lonoke?
Homes typically spend 96 days on market before going under contract.
Is Lonoke a buyer's or seller's market?
With 3.1 months of supply, Lonoke is currently a leaning buyer's.
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