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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Austin Township is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Austin Township, AR

How much do homes in Austin Township, AR cost?

Median Sold Price

$249,450

$152/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$16,950(+7.3%)

Key Takeaway

Homes in Austin Township have sold for 7.3% more than they did a year ago.

Summary: The median home sold price in Austin Township was $249,450 in November 2024, up 7.3% from last year, and the median price per square foot was $152.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $197.7K$235K
+18.8%
4 $277.4K$264.9K
-4.5%
5+ $482K$580K
+20.3%

Summary: Austin 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 did not change, 3 bedroom homes increased by 18.8%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes increased by 20.3%.

Housing Supply in Austin Township, AR

How many homes are available in Austin Township, AR?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
55550.0%

Summary: The Austin Township real estate market had 55 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 22
0.0%
3 2423
-4.2%
4 2627
+3.8%
5+ 33
0.0%

Summary: The Austin 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 decreased by 4.2%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1411-21.4%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Austin Township, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Austin Township in November 2024, down by 21.4% month-over-month. Of the 11 sold homes, 55% were sold under asking, 36% were sold at asking, and 9% were sold over asking.

Days on Market for Austin Township, AR

We’re sorry, we don't have information for this market at the moment

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 Austin Township, AR

Nearby Markets to Austin Township, AR

What housing markets are near Austin Township, AR?