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 Last Month

Since last month, 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

$241,500

$156/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$18,400(-7.1%)

Key Takeaway

Homes in Austin Township have sold for 7.1% less than they did a month ago.

Summary: The median home sold price in Austin Township was $241,500 in October 2024, down 7.1% from last month, and the median price per square foot was $156.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $242K$234.5K
-3.1%
4 $305K$256.4K
-15.9%
5+ $630K-
N/A

Summary: Austin Township housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 3.1%, 4 bedroom homes decreased by 15.9%, and 5+ bedroom homes did not change.

Housing Supply in Austin Township, AR

How many homes are available in Austin Township, AR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5259+13.5%

Summary: The Austin Township real estate market had 59 homes for sale in October 2024, a 13.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 2524
-4.0%
4 2431
+29.2%
5+ 23
+50.0%

Summary: The Austin Township housing inventory by bedroom type for October 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%, 4 bedroom homes increased by 29.2%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1412-14.3%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were 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. 50% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Austin Township in October 2024, down by 14.3% month-over-month. Of the 12 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% 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 20 Days Ago

Newest Listings in Austin Township, AR

Nearby Markets to Austin Township, AR

What housing markets are near Austin Township, AR?