Conway, AR Home Values & Market Trends

Real estate market trends reflect that there have been 1,238 transactions over the past year in Conway. The median value for residential home transactions that occurred over the previous year is $236,742.86. The number of current listings in Conway is 170, and the percentage of properties for sale in the city is 170.00%. Conway, AR currently has 14 properties in foreclosure, 3 bank owned properties, 11 properties headed for auction, and 170 properties for sale.

Conway, AR Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
72034

$ 352,411

$ 151/sqft

72035

$ --

$ --

72032

$ 219,900

$ 138/sqft

Housing Market Summary for Conway, AR

Jun 2023May 2024Change
Median Listing Price$311.9K$325K4.18%
Median Sold Price$249.8K$241.2K-3.45%
Homes For Sale12215627.87%
Homes Sold765669-12.55%
Price
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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 Conway, AR

Conway home values range from $25,223 to $8,327,273. The median estimated value of a home in Conway is $236,742.86. The median list price of a home is 299,000, and the total count of properties in the city is 27,176.

Foreclosure
There are 3 zips within Conway, AR; within these zips, the median estimated home value for homes in foreclosure ranges from $226,286 in 72032 to the lowest value of $49,978 in 72032. Foreclosure homes account for 0.00% of properties in Conway, AR with 72032 containing 9 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Conway, AR with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 3 zips within Conway, AR; of those zips, 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 Conway, AR ranges from the highest value of $237,205 in 72032 to the lowest value of $98,478 in 72032. Bank owned homes and properties account for 0.01% of properties in Conway, AR. There are 3 zips within Conway, AR; 72032 containing 3 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    72032 has 6 auction properties, the highest number of properties going to auction in a single zip in the state of Conway, AR. Auction homes and other auction properties account for 0.04% of all properties in Conway, AR. There are 3 zips within Conway, AR; of those zips, the median estimated home value for homes going to auction ranges from $517,348 in 72034 to the lowest value of $49,978 in 72034.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.63% of residential properties in Conway, AR with 72034 containing 104 homes for sale, the highest number of listed properties in a single zip. There are 3 zips within Conway, AR; homes for sale in those zips, have a range of median values from $1,285,000 in 72034 to the lowest value of $33,035 in 72032.
    Sold Homes
    The median value for recently sold homes ranges from $1,556,507 in 72034 to the lowest price of $25,223 in 72034. There are 3 zips within Conway, AR. 72034 has 448 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.60% of properties in Conway, AR.

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      Guide for Conway, AR

      Market Reports
      Little Rock Real Estate Soars with 12% Increase in Average Property Values, May 2024
      Massachusetts
      Little Rock Real Estate: Climbing Property Values and Investment Potential – Market Report April 2024
      Realty Stories
      Interview With Mark Eppli, Director of the Graaskamp Center for Real Estate, University of Wisconsin–Madison
      Home Buying Guides & Tips
      Going Green: How to Make Your Home More Sustainable
      See More Articles
      Little Rock Real Estate Soars with 12% Increase in Average Property Values, May 2024
      Market Reports|posted 12 June 2024

      The Little Rock, AR real estate market has shown growth, with average property value increasing to $279k and value per square foot reaching $140.

      Little Rock Real Estate: Climbing Property Values and Investment Potential – Market Report April 2024
      Massachusetts|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.

      Interview With Mark Eppli, Director of the Graaskamp Center for Real Estate, University of Wisconsin–Madison
      Realty Stories|posted 27 June 2024

      Interview with real estate expert Mark Eppli: discussing industry evolution, student programs, key market insights, and future trends.

      Going Green: How to Make Your Home More Sustainable
      Home Buying Guides & Tips|posted 27 June 2024

      Make your home more eco-friendly with these quick tips

      Recently Listed Homes Conway, AR

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