Is Mammoth Spring 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, Mammoth Spring Township has remained a Buyer's Market.
Housing Prices in Mammoth Spring Township, AR
How much do homes in Mammoth Spring Township, AR cost?
Median Sold Price
$192,200
-
Based on all homes sold in May 2024.
Difference Since Last Month
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $128K | $240.5K | +87.9% |
3 Bedrooms | $55K | $192.2K | +249.5% |
4 Bedrooms | - | $160K | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Mammoth Spring 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 increased by 87.9%, 3 bedroom homes increased by 249.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Mammoth Spring Township | $128K | $192.2K | +50.2% |
Mammoth Spring | $128K | $192.2K | +50.2% |
Housing Supply in Mammoth Spring Township, AR
How many homes are available in Mammoth Spring Township, AR?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
23 | 25 | +8.7% |
Summary: The Mammoth Spring Township real estate market had 25 homes for sale in May 2024, a 8.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 7 | 5 | -28.6% |
3 Bedrooms | 10 | 12 | +20.0% |
4 Bedrooms | 5 | 7 | +40.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Mammoth Spring 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 decreased by 28.6%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 3 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Mammoth Spring Township in May 2024, the same as the previous month. Of the 3 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Mammoth Spring Township, AR
How long does it take to sell a home in Mammoth Spring Township, AR?
Average Sale Time
Apr 2024 | May 2024 | CHANGE |
---|---|---|
12 Days | 60 Days | +402.8% |
Summary: Homes in Mammoth Spring Township had an average of 60 days on market in May 2024, up by 402.8% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 3 homes were sold in Mammoth Spring Township; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.