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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Big Rock Township is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Big Rock Township was a Seller's Market.

Key Takeaway

Big Rock Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Big Rock Township, AR

How much do homes in Big Rock Township, AR cost?

Median Sold Price

$257,500

$138/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$7,550(+3.0%)

Key Takeaway

Homes in Big Rock Township have sold for 3% more than they did a month ago.

Summary: The median home sold price in Big Rock Township was $257,500 in November 2024, up 3% from last month, and the median price per square foot was $138.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $130K$144.5K
+11.2%
2 $185.9K$147K
-20.9%
3 $214.5K$230K
+7.2%
4 $455K$440K
-3.3%
5+ $675K$713.5K
+5.7%

Summary: Big Rock Township housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes increased by 11.2%, 2 bedroom homes decreased by 20.9%, 3 bedroom homes increased by 7.2%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes increased by 5.7%.

Median Sold Price Compared To Nearby Cities

Owen Township
+39.4%
Maumelle
+9.5%
Little Rock
+5.0%
Big Rock Township
+3.0%

Housing Supply in Big Rock Township, AR

How many homes are available in Big Rock Township, AR?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1,0741,0750.1%

Summary: The Big Rock Township real estate market had 1,075 homes for sale in November 2024, a 0.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 2017
-15.0%
2 130138
+6.2%
3 545536
-1.7%
4 311305
-1.9%
5+ 6879
+16.2%

Summary: The Big Rock Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 15%, 2 bedroom homes increased by 6.2%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes increased by 16.2%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
234170-27.4%

Asking Price vs. Sold Price

86 Homes Were Sold
Under Asking

48 Homes Were Sold
At Asking

22 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Big Rock Township, you may be able to get a good deal. 55.1% of homes here sold below asking price last month.

Summary: A total of 170 homes were sold or pending in Big Rock Township in November 2024, down by 27.4% month-over-month. Of the 156 sold homes, 55% were sold under asking, 31% were sold at asking, and 14% were sold over asking.

Days on Market for Big Rock 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 2 Days Ago

Newest Listings in Big Rock Township, AR

Nearby Markets to Big Rock Township, AR

What housing markets are near Big Rock Township, AR?