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Kansas City Southern caboose in Gravette, ARPhoto: Brandonrush · CC BY-SA 3.0
Housing in Gravette

53 homes sold in Gravette in the last year, at a typical $300K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Gravette homes are listed.

Homes sold
53
June 2025 to May 2026
Typical sale price
$300K
median, weighted by sales
Price per square foot
$176
Arkansas $157
Paid vs. asking
97.1%
9% sold over asking
For sale now
24
May 2026 · 5 sold that month
What sold · last 12 months

Houses are 98% of Gravette’s sales, at a typical $297K

53 homes sold in the year to May 2026.

Houses$297K

typical sale · 52 sold in 12 months

Per square foot
$178AR $157
Days to sell
41
Sold over asking
10%
Listings with a price cut
30%
Fewer sales

Townhouses: 1 sold, typical $425K

Too few sales in 12 months for reliable figures.

14 years of sales

Fewer homes sell than before 2021, at 2.9 times the 2016 price

53 sales in the last year, against 112 in 2020 and a low of 44 in 2014. The typical sale went from $103K in 2016 to $300K.

Homes soldTypical sale price
03775112150$100K$200K$300K$400K2012: 50 sold, typical $76K’122013: 46 sold, typical $62K2014: 44 sold, typical $83K’142015: 54 sold, typical $87K2016: 59 sold, typical $103K’162017: 60 sold, typical $123K2018: 60 sold, typical $129K’182019: 66 sold, typical $140K2020: 112 sold, typical $158K’202021: 76 sold, typical $189K2022: 89 sold, typical $256K’222023: 67 sold, typical $289K2024: 67 sold, typical $326K’242025: 62 sold, typical $303KLast 12 months: 53 sold, typical $300KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $300K buys in Gravette

Houseat $178 a sq ft
The same money in Arkansasat $157 a sq ft

Is this asking price fair?

Check a listing against what Gravette homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Gravette are back to pre-pandemic levels, and more homes are for sale

We read every month of Gravette’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 53 sales.

If you’re buying in Gravette

  • Shop in May. It brings about 7 new listings a month, close to the busiest month, with fewer bidding wars (10% over asking).
  • You can negotiate. 30% of listings have cut their price, against 7% before the pandemic.
  • Offer under asking. Buyers paid 97.1% of the list price on average; 9% paid over.
  • You’ll usually have time. Only 30% of homes go under contract within two weeks; the typical one takes 41 days.
Best time to buy

Spring brings the homes; summer brings the bidding wars

April has the most new listings (about 8 a month), but August is the most competitive: 25% of August sales close over asking. May offers nearly as much choice with fewer homes bid up (10%). May has the least competition (10%).

New listings a monthShare sold over asking
02.557.51013%27%40%Sweet spotJan: 5 new listings a month, 23% sold over asking, 70 days to sellJFeb: 5 new listings a month, 12% sold over asking, 73 days to sellFMar: 7 new listings a month, 13% sold over asking, 91 days to sellMApr: 8 new listings a month, 15% sold over asking, 75 days to sellAMay: 7 new listings a month, 10% sold over asking, 47 days to sellMJun: 6 new listings a month, 22% sold over asking, 52 days to sellJJul: 8 new listings a month, 19% sold over asking, 83 days to sellJAug: 8 new listings a month, 25% sold over asking, 67 days to sellASep: 6 new listings a month, 18% sold over asking, 73 days to sellSOct: 7 new listings a month, 24% sold over asking, 64 days to sellONov: 6 new listings a month, 17% sold over asking, 67 days to sellNDec: 4 new listings a month, 13% sold over asking, 72 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and about like Arkansas as a whole

Gravette now2017–192021 peakAR now
Sold over askingShare of sales that closed above the list price9%13%26%13%
Gone within two weeksShare of homes under contract within 14 days30%6%13%26%
Listings with a price cutShare of homes for sale that cut their price30%7%33%22%
Price paid vs. askingAverage sale price ÷ list price97.1%96.8%97.2%97%
Days to sellMedian days from listing to contract41726159
Supply

22 homes for sale on a typical day

That’s 1.6 times the 2021 low (14), 42% more than in 2017–19 and well under 2020’s 30.

2012: 17 for sale’122013: 20 for sale2014: 20 for sale2015: 17 for sale’152016: 17 for sale2017: 16 for sale2018: 15 for sale’182019: 15 for sale2020: 30 for sale2021: 14 for sale’212022: 16 for sale2023: 21 for sale2024: 17 for sale’242025: 23 for saleLast 12 months: 22 for saleNow
Room to negotiate

1 in 3 listings has cut its price

30% in the last year, against 7% in 2017–19 and 22% across Arkansas. More sellers are pricing high and coming down.

2018: 7%’182021: 33%2022: 24%2023: 30%’232024: 19%2025: 29%Last 12 months: 30%Now

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Gravette home costs about $1,665 a month

Mortgage
Property tax
Insurance
Rent

Price: Gravette’s typical sale, last 12 months. Property tax at Gravette’s 0.4% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Gravette is affordable on local pay is on Cost of living.

Before you buy in Gravette

Six things worth knowing

8

New listings in April

The month with the most choice. December has the fewest, about 4.

Best time to buy
0.4%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $300K home, about $1,200 a year.

Taxes vs. neighbors
A−

Schools

The schools grade for Gravette, from test results, graduation and how much students grow.

Schools in Gravette
22 min

Typical commute

The average one-way trip to work for people who live in Gravette.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

No busy market nearby sells for less a square foot; Bentonville and Cave Springs for far more

The busier markets within 25 miles of Gravette, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Bella Vista1,377$373K$21814%35
Bentonville1,075$466K$2289%44
Centerton734$402K$20812%73
Cave Springs190$881K$26421%45
Highfill153$281K$19114%71
Gravette53$300K$1769%41
Decatur22$216K$17214%57

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Gravette, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Gravette. People who follow the town see it, and so do people comparing Gravette with their own town. No commission, no listing fee.

Questions about buying a home in Gravette

What do homes sell for in Gravette, AR?

53 homes sold in the year to May 2026 at a typical $300K, $176 a square foot.

Is Gravette a buyer’s or seller’s market?

A balanced market: 24 homes were for sale in May 2026 and 5 sold, about 4.8 months of supply. Buyers paid 97.1% of asking on average, and 30% of listings cut their price.

When is the best time to buy in Gravette?

April brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Gravette?

About 0.4% of a home’s value a year. On a $300K home that’s near $1,200.

Where can I see homes for sale in Gravette?

Zillow, Redfin, Realtor.com and Homes.com all carry Gravette’s MLS listings; the search links above open each one filtered to Gravette.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).