The Reservoir housing market is somewhat competitive. The median sale price of a home in Reservoir was $240K last month, up 5.5% since last year. The median sale price per square foot in Reservoir is $107, down 18.6% since last year.
What is the housing market like in Reservoir today?
In October 2024, Reservoir home prices were up 5.5% compared to last year, selling for a median price of $240K. On average, homes in Reservoir sell after 60 days on the market compared to 32 days last year. There were 30 homes sold in October this year, down from 32 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$239,950
+5.5% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Reservoir, AR
$239,950
+5.5%
United States
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How hot is the Reservoir housing market?
Reservoir is somewhat competitive. Homes sell in 58.5 days.
0
100
50
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 59 days.
Hot homes
can sell for around list price and go pending in around 32 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Reservoir housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Reservoir.
Flood Factor - Minor
19% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Reservoir has a minor risk of flooding. 237 properties in Reservoir are likely to be
severely affected
by flooding over the next 30 years. This represents 19% of all properties in Reservoir. Flood risk is increasing slower than the national average.
9% of properties are at risk of wildfire over the next 30 years
Fire Factor
Reservoir has a moderate risk of wildfire. There are 183 properties in Reservoir that have some risk of being affected by wildfire over the next 30 years. This represents 9% of all properties in Reservoir.
100% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Reservoir has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Reservoir is most at risk from hurricanes. 1,840 properties in Reservoir have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 64 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 67 mph.