West Memphis, AR
Housing market overview · Updated weekly
$168,000median sale price
Homes sold
15
Last 12 weeks
Days on market
23
Average pace
Active listings
72
4.8 months supply
Sale-to-list
97.4%
Below asking
The West Memphis housing market is currently classified as a balanced market with a median sale price of $168,000. Prices have risen 10.9% compared to last year, with homes spending an average of 23 days on market, indicating 4.8 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
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Frequently asked questions
What is the average home price in West Memphis?
The median home sale price in West Memphis is $168,000, up 10.9% from last year.
How long do homes stay on market in West Memphis?
Homes typically spend 23 days on market before going under contract.
Is West Memphis a buyer's or seller's market?
With 4.8 months of supply, West Memphis is currently a balanced market.
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