Through the first eight months of the year, 43 more homes have been sold in Faulkner County than in 2023, totaling 1,071. In Conway, the number of homes sold is down by 67 units to 446. 

The value of homes sold in Faulkner County through August is up 12.2% in the county to $321.13 million, while valuations are down 1.8% in Conway to $142.51 million. 

The price per square foot is up $4.57 in Faulkner County and $5.94 in Conway. The median price per square foot in Faulkner County is $151.03 and $153.40 in Conway. Median home prices are also up in Conway and Faulkner County by 15.01% and 7.73%, respectively. 

The median home in Faulkner County is currently $258,550 while the median home in Conway is $276,000. Comparatively, the most recent numbers from the Federal Reserve Bank of St. Louis show the median home in the U.S. costs $412,300, and the median listing price per square foot is $228. 

Single Family Home Permits in Conway, August 2024 (YTD)

2024	92
2023	140

Single Family Homes Sold in Conway, August 2024 (YTD)

2024	446
2023	513

Single Family Homes Sold in Faulkner County, August 2024 (YTD)

2024	1,071
2023	1,028

Single Family Home Sales in Conway, August 2024 (YTD)

2024	$142.50 million
2023	$145.11 million

Single Family Home Sales in Faulkner County, August 2024 (YTD)

2024	$321.13 million
2023	$286.04 million

Median Home Price in Conway, August 2024

2024	$276,000
2023	$239,900

Median Home Price in Faulkner County, August 2024

2024	$258,550
2023	$240,000

Methodology Note: Conway figures are now Conway city limits