Montgomery County, AR Home Values & Market Trends

The median home price in Montgomery County, AR is $161,270.32. There were 55 home sales in Montgomery County, AR over the past 12 months. The median residential Montgomery County, AR home value for transactions over the previous year is $170,000. The number of current listings in Montgomery County, AR is 24, and the percentage of properties for sale is 24.00%. The county has 2 foreclosures, 1 bank owned properties, 1 headed for auction, and 24 properties for sale.

Montgomery County, AR Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Mount Ida

$ 296,842

$ 158/sqft

Oden

$ 625,900

$ 212/sqft

Norman

$ 223,500

$ 231/sqft

Story

$ 419,000

$ 228/sqft

Pencil Bluff

$ 255,620

$ 95/sqft

Caddo Gap

$ --

$ --

Sims

$ --

$ --

Housing Market Summary for Montgomery County, AR

Apr 2023March 2024Change
Median Listing Price$225K$211K-6.21%
Median Sold Price$103.9K$211K103.17%
Homes For Sale152353.33%
Homes Sold3327-18.18%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Montgomery County, AR

Montgomery County, AR home values range from $25,107 to $5,863,174. Oden is the priciest city with a median listing home price of $625,900, and Sims is most affordable with average house prices of around $140,000.

Foreclosure
There are 7 cities within Montgomery County, AR; within these cities, the median estimated home value for homes in foreclosure ranges from $198,246 in Mount Ida to the lowest value of $198,246 in Mount Ida. Foreclosure homes account for 0.00% of properties in Montgomery County, AR with Mount Ida containing 2 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Montgomery County, AR with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 7 cities within Montgomery County, AR; of those cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Montgomery County, AR ranges from the highest value of $198,246 in Mount Ida to the lowest value of $198,246 in Mount Ida. Bank owned homes and properties account for 0.02% of properties in Montgomery County, AR. There are 7 cities within Montgomery County, AR; Mount Ida containing 1 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Mount Ida has 1 auction properties, the highest number of properties going to auction in a single city in the state of Montgomery County, AR. Auction homes and other auction properties account for 0.02% of all properties in Montgomery County, AR. There are 7 cities within Montgomery County, AR; of those cities, the median estimated home value for homes going to auction ranges from $0 in Caddo Gap to the lowest value of $0 in Caddo Gap.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.59% of residential properties in Montgomery County, AR with Mount Ida containing 13 homes for sale, the highest number of listed properties in a single city. There are 7 cities within Montgomery County, AR; homes for sale in those cities, have a range of median values from $625,900 in Oden to the lowest value of $95,582 in Mount Ida.
    Sold Homes
    The median value for recently sold homes ranges from $278,108 in Caddo Gap to the lowest price of $30,342 in Caddo Gap. There are 7 cities within Montgomery County, AR. Mount Ida has 19 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 0.69% of properties in Montgomery County, AR.

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      Guide for Montgomery County, AR

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      Little Rock Real Estate: Climbing Property Values and Investment Potential – Market Report April 2024
      Market Reports|posted 8 April 2024

      The Little Rock real estate market has shown growth in average property values and prices per square foot between April 2023 and March 2024, indicating an investment-friendly environment.

      Knoxville Real Estate Market Report, April 2024
      Market Reports|posted 9 April 2024

      The Knoxville real estate market is seeing fluctuations in property prices, with the average value at $399,900 as of March 2024.

      Rising Real Estate: Biloxi Property Value Appreciates Amidst Market Fluctuations
      Market Reports|posted 9 April 2024

      Biloxi’s real estate market shows dynamic growth and consumer confidence, with property values rising from $271,000 to $290,000 within a year, despite some price fluctuations.

      A new house being built
      What Type of Loan Is Best for First-Time Home Buyers?
      Investment Financing|posted 9 April 2024

      Buying a new home is an important milestone for many. But how do you make sure you pick the right mortgage?

      Recently Listed Homes Montgomery County, AR

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