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Featured local agent — Russell, AR

Sarah Mitchell

CNESRESABR

Compass Real Estate · Russell, AR

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

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

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Russell, AR Housing Market & Real Estate

Seller's market

Housing market overview · Updated monthly ·

$123,000median sale price

How is the Russell, AR housing market right now?

The median home sale price in Russell, AR is $123,000. Homes sell in an average of 6 days. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of September 2022 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

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

Seller's market6 avg. days on market

Russell, AR is currently a seller's market and homes selling in about 6 days. How we determine this →

Homes sold

1

Last 12 weeks

Days on market

6

Fast-moving

Active listings

Sale-to-list

102.5%

Above asking

What does the Russell housing market data show?

Current housing market statistics for Russell, AR
MetricValue
Median sale price$123,000
Average days on market6 days
Sale-to-list price ratio102.5%
Median price per sq ft$101/sq ft
Homes sold (latest month)1
Market conditionSeller's market

Source: Redfin · Updated monthly

How much do homes cost in Russell by property type?

How the Russell, 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 Russell, AR
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$123,000$101/sq ft16 days

Source: Redfin · Updated monthly

The Russell housing market is currently classified as a seller's market with a median sale price of $123,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 6 days on market.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Homes for sale in Russell

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

Sale-to-list:102.5%

Who lives in Russell?

Population

265

Median income

$22,361/yr

Median age

33.9 years

Owner-occupied

42.3%

Avg commute

19.3 min

Source: U.S. Census Bureau ACS

What is it like to live in Russell?

Russell is a community of approximately 0K residents with a median age of 33.9 years.The median household income is $22,361, which represents a working-class community with solid middle-income opportunities.0

Homeownership rates are at 42.3%, showing a blend of owner and renter-occupied properties. The average commute time is 19.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Russell offers a distinctive character that appeals to different lifestyle preferences.

Which cities are near Russell, AR?

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

Frequently asked questions

What is the average home price in Russell?

The median home sale price in Russell is $123,000, down 0.0% from last year.

How long do homes stay on market in Russell?

Homes typically spend 6 days on market before going under contract.

What is the median income in Russell?

The median household income is $22,361 per year.

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

The median single-family home price in Russell, AR is $123,000 (about $101 per square foot).

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