West Markham currently leans toward sellers, with the market gauge at a low seller’s market reading of 20. Months of supply has climbed to 3.5, up more than 60 percent from a year ago, so conditions are less tight than they once were. At the same time, homes still take a median of 44 days to sell, slightly slower than last year but quicker than just a few months ago.
Looking at prices over the latest rolling three-month period, the typical home value is about $159,000, down a bit over 2 percent year over year. List prices followed a similar path, dipping a little more than 2 percent compared with the same time last year, suggesting sellers are pricing with more caution. Sales activity has cooled more noticeably, with homes sold down about 24 percent and pending sales off nearly 40 percent from a year ago, pointing to fewer buyers making offers.
Inventory has also thinned compared with last year, with active listings down about 24 percent and new listings lower by roughly one‑third, even as the broader Little Rock market carries a higher 4.8 months of supply. Only about 17 percent of recent sales in West Markham closed above the asking price, and the average sale-to-list ratio sits just under 97 percent, so buyers often have room to negotiate. With the neighborhood moving toward a more balanced feel while still favoring sellers, Agent Pronto can connect both buyers and sellers with an agent who understands these shifting dynamics and can help them plan their next move.
