The latest report from MyMarketPulse (mymarketpulse.com) has been published, offering a comprehensive review of Faulkner County, Arkansas’s real estate market for May 2024.
May 2024’s data reveals a Median Sale Price of $275,000 for homes in Faulkner County. This figure represents a growth of 11.8% month-over-month and a 13.6% year-over-year increase.
The region reported 170 home sales, marking an increase of 18.1% from the prior month, and 14.9% growth year-over-year.
The median time homes spent on the market was 42 days, which is down 1 day compared to last month and an increase of 13 days over the previous year.
Currently, with a Market Pulse Score of 114, Faulkner County’s real estate market appears to be experiencing an upturn.
For more information about the Faulkner County, Arkansas market, visit MyMarketPulse.com.
MyMarketPulse is a free service of Digital Build Team (DBT, DigitalBuildTeam.com). Its goal is to help everyone quickly understand and compare real estate markets by providing timely data and visual analysis to help explain current market trends and predict future opportunities.
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