Is Rogers Township, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Rogers Township has remained a Seller's Market.
Housing Prices in Rogers Township, AR
How much do homes in Rogers Township, AR cost?
Median Sold Price
$364,904
$199/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Rogers Township was $364,904 in May 2024, down 6.4% from last year, and the median price per square foot was $199.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $169K | $210K | +24.3% |
2 Bedrooms | $250K | $283K | +13.2% |
3 Bedrooms | $304.5K | $314.8K | +3.4% |
4 Bedrooms | $549.9K | $520.8K | -5.3% |
5+ Bedrooms | $649.9K | $740K | +13.9% |
Summary: Rogers Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 24.3%, 2 bedroom homes increased by 13.2%, 3 bedroom homes increased by 3.4%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes increased by 13.9%.
Housing Supply in Rogers Township, AR
How many homes are available in Rogers Township, AR?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
382 | 371 | -2.9% |
Summary: The Rogers Township real estate market had 371 homes for sale in May 2024, a 2.9% decrease 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 | 30 | 31 | +3.3% |
3 Bedrooms | 162 | 154 | -4.9% |
4 Bedrooms | 140 | 132 | -5.7% |
5+ Bedrooms | 47 | 51 | +8.5% |
Summary: The Rogers 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 3.3%, 3 bedroom homes decreased by 4.9%, 4 bedroom homes decreased by 5.7%, and 5+ bedroom homes increased by 8.5%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
102 | 115 | +12.7% |
Asking Price vs. Sold Price
61 Homes Were Sold
Under Asking
34 Homes Were Sold
At Asking
20 Homes Were Sold
Over Asking
Summary: A total of 115 homes were sold or pending in Rogers Township in May 2024, up by 12.7% month-over-month. Of the 115 sold homes, 53% were sold under asking, 30% were sold at asking, and 17% were sold over asking.
Days on Market for Rogers Township, AR
How long does it take to sell a home in Rogers Township, AR?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
66 Days | 75 Days | +12.6% |
Summary: Homes in Rogers Township had an average of 75 days on market in May 2024, up by 12.6% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
60 Homes Were Sold
In 30 - 90 Days
34 Homes Were Sold
Over 90 Days
Summary: During May 2024, 115 homes were sold in Rogers Township; 17% of homes were sold within 30 days, 52% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.