Rising prices met slower sales and swelling inventory in Sulphur Springs through the first three quarters of 2026, producing conditions that favor buyers on price leverage.
Price Trends
The median sale price reached $292,500, up 27.2% from the prior period's $230,000, while the average sale price came in at $317,000 across four closed transactions totaling $1,268,000 in volume. Median price per square foot rose to $148.60, a 12% increase. Sellers who did close were achieving a median 98% of list price, up from 93.6% previously, suggesting limited but meaningful negotiation room narrowed slightly.
Pace of Sales
Homes took an average of 79.75 days to sell, a slight increase of 2.8% from the previous period's 77.6-day average; the median time on market was considerably faster at 26 days, reflecting a mix of quick and slow-moving sales. Only four homes sold during the period, a 60% drop from ten in the prior stretch, and the sell-through rate stood at 20%. Pending listings represented 58.3% of active inventory, an indicator of contracts still working through the pipeline.
Inventory & Supply
Active listings doubled to 12, up 100% from six in the prior period, while new listings rose 33.3% to 20. Months of supply jumped to 24, a fourfold increase from 4.8, and the market is now classified as a buyer's market. The absorption rate of 4.18% points to inventory building faster than it is being sold.
Property Type Highlights
Houses accounted for three of the four sales, with a median price of $360,000 and an average of 99 days on market, while a single modular home sold for $225,000 in just 22 days. Sales activity was most visible in the $150K–$300K and $300K–$600K price bands, with the $450K–$600K range showing the longest average time on market at 267 days.
At a Glance
- Median Sale Price: $292,500
- Average Days on Market: 79.75 days
- Months of Supply: 24 (Buyer's Market)
- Sell-Through Rate: 20%
- Median Sale-to-List: 98%
See the full interactive year-to-date market report: https://nwastats.com/market-report/sulphur-springs-benton-county-year-to-date-market-update/