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 seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Big Rock Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Big Rock Township, AR

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

Median Sold Price

$239,737

$135/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

-$13,762(-5.4%)

Key Takeaway

Homes in Big Rock Township have sold for 5.4% less than they did a month ago.

Summary: The median home sold price in Big Rock Township was $239,737 in December 2024, down 5.4% from last month, and the median price per square foot was $135.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 $144.5K$184.9K
+28.0%
2 $147K$195K
+32.7%
3 $220K$202K
-8.2%
4 $400K$362.5K
-9.4%
5+ $713.5K$582K
-18.4%

Summary: Big Rock Township housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes increased by 28%, 2 bedroom homes increased by 32.7%, 3 bedroom homes decreased by 8.2%, 4 bedroom homes decreased by 9.4%, and 5+ bedroom homes decreased by 18.4%.

Median Sold Price Compared To Nearby Cities

Maumelle
-1.9%
Owen Township
-3.3%
Big Rock Township
-5.4%
Little Rock
-9.1%

Housing Supply in Big Rock Township, AR

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

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
9419430.2%

Summary: The Big Rock Township real estate market had 943 homes for sale in December 2024, a 0.2% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 1718
+5.9%
2 125117
-6.4%
3 479478
-0.2%
4 257257
0.0%
5+ 6373
+15.9%

Summary: The Big Rock Township housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 5.9%, 2 bedroom homes decreased by 6.4%, 3 bedroom homes decreased by 0.2%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 15.9%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
182198+8.8%

Asking Price vs. Sold Price

103 Homes Were Sold
Under Asking

60 Homes Were Sold
At Asking

27 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. 54.2% of homes here sold below asking price last month.

Summary: A total of 198 homes were sold or pending in Big Rock Township in December 2024, up by 8.8% month-over-month. Of the 190 sold homes, 54% were sold under asking, 32% 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 4 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?