Lonoke, AR

Leaning buyer's-34.2% YoY

Housing market overview · Updated weekly

$65,833median sale price

Homes sold

9

Last 12 weeks

Days on market

96

Average pace

Active listings

28

3.1 months supply

Sale-to-list

83.7%

Below asking

The Lonoke housing market is currently classified as a leaning buyer's with a median sale price of $65,833. Prices have fallen 34.2% compared to last year, with homes spending an average of 96 days on market, indicating 3.1 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 Lonoke?

The median home sale price in Lonoke is $65,833, down 34.2% from last year.

How long do homes stay on market in Lonoke?

Homes typically spend 96 days on market before going under contract.

Is Lonoke a buyer's or seller's market?

With 3.1 months of supply, Lonoke is currently a leaning buyer's.

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