Is Alma Township, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Alma Township is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Alma Township has remained a Seller's Market.

Key Takeaway

Alma Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Alma Township, AR

How much do homes in Alma Township, AR cost?

Median Sold Price

$275,000

$149/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$29,500(-9.7%)

Key Takeaway

Homes in Alma Township have sold for 9.7% less than they did a year ago.

Summary: The median home sold price in Alma Township was $275,000 in November 2024, down 9.7% from last year, and the median price per square foot was $149.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$213.3K
N/A
2 $142.4K$177K
+24.3%
3 $262K$265K
+1.1%
4 $377.5K$380K
+0.7%
5+ $350K$535.5K
+53.0%

Summary: Alma Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 24.3%, 3 bedroom homes increased by 1.1%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes increased by 53%.

Median Sold Price Compared To Nearby Cities

Alma Township
-9.7%
Alma
-13.2%

Housing Supply in Alma Township, AR

How many homes are available in Alma Township, AR?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
990.0%

Summary: The Alma Township real estate market had 9 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 46
+50.0%
4 21
-50.0%
5+ 21
-50.0%

Summary: The Alma Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Alma Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Alma Township in November 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Alma Township, AR

How long does it take to sell a home in Alma Township, AR?

Average Sale Time

Nov 2023Nov 2024CHANGE
120 Days134 Days+11.0%

Summary: Homes in Alma Township had an average of 134 days on market in Nov 2024, up by 11% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Alma Township has remained consistent over time.

Summary: During November 2024, 2 homes were sold in Alma Township; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Alma Township, AR

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