Is Lake Hamilton Township, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Lake Hamilton Township has remained a Neutral Market.
Housing Prices in Lake Hamilton Township, AR
How much do homes in Lake Hamilton Township, AR cost?
Median Sold Price
$397,000
$179/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Lake Hamilton Township was $397,000 in May 2024, up 15.2% from last month, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $498.7K | $365K | -26.8% |
3 Bedrooms | $250K | $332.2K | +32.9% |
4 Bedrooms | $655.5K | $415K | -36.7% |
5+ Bedrooms | $1.0M | $1.3M | +21.5% |
Summary: Lake Hamilton Township housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 26.8%, 3 bedroom homes increased by 32.9%, 4 bedroom homes decreased by 36.7%, and 5+ bedroom homes increased by 21.5%.
Median Sold Price Compared To Nearby Cities
Lake Hamilton Township | $344.7K | $397K | +15.2% |
Hot Springs National Park | $282.5K | $261.5K | -7.4% |
Hot Springs | $236.5K | $160K | -32.3% |
Hot Springs Township | $265K | $174K | -34.3% |
Housing Supply in Lake Hamilton Township, AR
How many homes are available in Lake Hamilton Township, AR?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
168 | 200 | +19.0% |
Summary: The Lake Hamilton Township real estate market had 200 homes for sale in May 2024, a 19.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 31 | 44 | +41.9% |
3 Bedrooms | 73 | 86 | +17.8% |
4 Bedrooms | 46 | 45 | -2.2% |
5+ Bedrooms | 15 | 22 | +46.7% |
Summary: The Lake Hamilton Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 41.9%, 3 bedroom homes increased by 17.8%, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes increased by 46.7%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
26 | 31 | +19.2% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 31 homes were sold or pending in Lake Hamilton Township in May 2024, up by 19.2% month-over-month. Of the 28 sold homes, 64% were sold under asking, 29% were sold at asking, and 7% were sold over asking.
Days on Market for Lake Hamilton Township, AR
We’re sorry, we don't have information for this market at the moment