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HERMITAGE, AR 71647

Real Estate Market Report  ·  Bradley County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The HERMITAGE, AR real estate market (71647) currently shows 3 active listings, with 1 pending sales. Homes are averaging 96 days on the market before going under contract.

Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 96 days on market compared to 75 days last year.

The median listing price has fallen 22.6% year-over-year, from $232,500 to $179,950.

Whether you are buying or selling in HERMITAGE, AR, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 1,431  ·  Density: 2.1/mi²  ·  Median household income: $33,906

Typical home value: $0  ·  Homeownership: 74.6%

Market Overview

Active Listings
3
⇩ 50% vs 6 last year
Pending
1
33% pending ratio
Median Price
$179,950
⇩ 22.6% vs $232,500 last year
Average Price
$179,950
⇩ 27.8% vs $249,167 last year
Days on Market
96
⇧ 28% vs 75 days last year

Price Per Square Foot

Median $/sqft
$103
⇩ 2.8% vs $106/sqft last year
Median Home Size
2,857 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 3 this year vs 6 last year
  • Days on market: 96 now vs 75 last year

Median & Average Pricing

Year over Year
  • Median: $179,950 (-22.6% YoY)
  • Average: $179,950 (-27.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 41.3 miles — 141 listings ($34,733,517 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
71647Hermitage, AR 716470.0 mi2$349,800$174,900$174,900
71642Fountain Hill, AR 7164214.1 mi2$258,000$129,000$129,000
71631Banks, AR 7163117.0 mi1$158,000$158,000$158,000
71745Harrell, AR 7174518.2 mi1$127,500$127,500$127,500
71765Strong, AR 7176520.3 mi2$49,800$24,900$24,900
71744Hampton, AR 7174422.1 mi7$1,991,500$143,000$284,500
71660New Edinburg, AR 7166027.7 mi1$259,000$259,000$259,000
71730El Dorado, AR 7173031.7 mi100$26,612,200$230,375$266,122
71766Thornton, AR 7176633.6 mi4$525,200$170,000$131,300
71742Fordyce, AR 7174237.3 mi14$2,388,568$136,188$170,612
71652Kingsland, AR 7165238.0 mi3$1,374,000$300,000$458,000
71638Dermott, AR 7163838.5 mi3$344,949$100,000$114,983
71663Portland, AR 7166341.3 mi1$295,000$295,000$295,000

Frequently Asked Questions

How many homes are for sale in HERMITAGE, AR 71647?

As of March 2026, there are 3 active listings in HERMITAGE, AR (zip code 71647), compared to 6 the prior year.

What is the median home price in HERMITAGE, AR 71647?

The median listing price in HERMITAGE, AR 71647 is $179,950 as of March 2026, a 22.6% decrease from $232,500 the prior year.

How long do homes stay on the market in HERMITAGE, AR?

Homes in HERMITAGE, AR 71647 spend an average of 96 days on the market before going under contract, compared to 75 days the prior year.

Is it a seller's or buyer's market in HERMITAGE, AR 71647?

Based on current inventory and days-on-market data as of March 2026, HERMITAGE, AR 71647 is currently a Balanced Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 96 days on market compared to 75 days last year.

How much can I save on real estate commission in HERMITAGE, AR?

With SELL123.com's maximum 3% commission, sellers in HERMITAGE, AR 71647 save an estimated $3,599 compared to a typical 5% commission on the median listing price of $179,950. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.