Inventory in Drew County is building, with active listings up nearly 20 percent over the past year. Months of supply has surged to about 14 months, far above the 5.3 months seen across Arkansas, underscoring strong leverage for buyers. Contract activity is mixed, with homes sold down more than 30 percent year over year even as pending sales have climbed almost 30 percent.
Pricing is adjusting to these conditions. The typical home value is down by roughly one-third compared with last year, while the median list price is also lower year over year despite a sharp month-to-month jump. Sellers who do find buyers are often seeing solid outcomes, with about half of recent sales closing above list price and the average sale-to-list ratio approaching 99 percent.
Days on market has dropped significantly from last year, falling by about one-third to a median of 82 days, which suggests that appropriately priced homes can still move at a reasonable pace even in a buyer-leaning environment. At the same time, Drew County’s overall market gauge clearly favors buyers more than the state as a whole. With shifting supply, softer values, and selective strength for well-positioned listings, local expertise matters, and Agent Pronto can connect both buyers and sellers with a Drew County agent who understands these trends.
