Is Mineral Springs, AR 71851 a buyer’s or seller’s market?
Mineral Springs is a balanced market. With about 4.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Mineral Springs housing market right now
In the three months ending August 31, 2026, 0% of homes in Mineral Springs, AR 71851 sold above their list price, the typical home went under contract in 120 days and there were 4.8 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 2 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 100%, homes sold more slowly (116 days then) and the median sale price fell 15% to $91,960. Overall, Mineral Springs is less competitive than a year ago, which gives buyers more room.
Nearby, Dierks 71833 (25% sold over asking) and Nashville 71852 (12% sold over asking) are even more competitive.
Run the numbers for 71851
Nearby markets
Dierks 71833Balanced $84 /sq ftNashville 71852Balanced $122 /sq ftUmpire 71971 — /sq ft Browse all markets →Towns like Mineral Springs nearby
Find towns like Mineral Springs in other states →Where Mineral Springs is
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Questions about Mineral Springs real estate
Is Mineral Springs a buyer’s or seller’s market?
A balanced market: there were 4.8 months of supply in Mineral Springs, AR 71851 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Mineral Springs?
The typical home went under contract in 120 days in the latest three months.
Do homes in Mineral Springs sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 77.9% of the list price.
What are property taxes in Mineral Springs?
About 0.42% of a home’s value a year in Howard County, or roughly $1,680 on a $400,000 home.
What is the median home price in Mineral Springs?
The median sale price was $91,960 in the three months ending August 31, 2026, about $78 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology