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Featured local agent — Louann, AR

Sarah Mitchell

CNESRESABR

Compass Real Estate · Louann, AR

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

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

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Louann, AR Housing Market & Real Estate

Buyer's market

Housing market overview · Updated monthly ·

$33,800median sale price

How is the Louann, AR housing market right now?

The median home sale price in Louann, AR is $33,800. Homes sell in an average of 1084 days. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of October 2022 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

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

Buyer's market1084 avg. days on market

Louann, AR is currently a buyer's market and homes selling in about 1084 days. How we determine this →

Homes sold

1

Last 12 weeks

Days on market

1084

Average pace

Active listings

Sale-to-list

65.0%

Below asking

What does the Louann housing market data show?

Current housing market statistics for Louann, AR
MetricValue
Median sale price$33,800
Average days on market1084 days
Sale-to-list price ratio65.0%
Homes sold (latest month)1
Market conditionBuyer's market

Source: Redfin · Updated monthly

How much do homes cost in Louann by property type?

How the Louann, 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 Louann, AR
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$33,80011084 days

Source: Redfin · Updated monthly

The Louann housing market is currently classified as a buyer's market with a median sale price of $33,800. Prices have fallen 0.0% compared to last year, with homes spending an average of 1084 days on market.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Homes for sale in Louann

Explore homes currently listed for sale in Louann, Arkansas across major real estate platforms.

Sale-to-list:65.0%

Who lives in Louann?

Population

141

Median income

$31,667/yr

Median age

29.8 years

Owner-occupied

48.2%

College grads

16.2%

Avg commute

24.2 min

Source: U.S. Census Bureau ACS

What is it like to live in Louann?

Louann is a community of approximately 0K residents with a median age of 29.8 years.The median household income is $31,667, which represents a working-class community with solid middle-income opportunities. 16.2% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 48.2%, showing a blend of owner and renter-occupied properties. The average commute time is 24.2 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Louann offers a balanced lifestyle with accessible home values relative to local income levels.

Which cities are near Louann, AR?

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

Frequently asked questions

What is the average home price in Louann?

The median home sale price in Louann is $33,800, down 0.0% from last year.

How long do homes stay on market in Louann?

Homes typically spend 1084 days on market before going under contract.

What is the median income in Louann?

The median household income is $31,667 per year.

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

The median single-family home price in Louann, AR is $33,800.

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