West Memphis, AR Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in West Memphis, AR is $168,000, up 10.9% year-over-year. Homes sell in an average of 23 days with 72 active listings. The market is currently a balanced market.
$168,000median sale price
Is West Memphis a buyer's or seller's market?
West Memphis, AR is currently a balanced market, based on 4.8 months of supply and homes selling in about 23 days. How we determine this →
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
West Memphis, AR market data
| Metric | Value |
|---|---|
| Median sale price | $168,000 |
| Median list price | $167,500 |
| Year-over-year price change | +10.9% |
| Average days on market | 23 days |
| Active inventory | 72 listings |
| Months of supply | 4.8 months |
| Sale-to-list price ratio | 97.4% |
| Market condition | Balanced market |
Source: Redfin · Updated weekly
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
Homes for sale in West Memphis
There are currently 72 homes listed for sale in West Memphis, Arkansas. The median listing price is $168K.
Active listings
72
Homes on market
Median list price
$168K
Avg. days on market
23
Days until sale
New this week
15
Newly listed
Explore nearby cities in AR
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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