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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brookland Township is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Brookland Township was a Seller's Market.

Key Takeaway

Brookland 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 Brookland Township, AR

How much do homes in Brookland Township, AR cost?

Median Sold Price

$189,950

$143/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$69,950(-26.9%)

Key Takeaway

Homes in Brookland Township have sold for 26.9% less than they did a month ago.

Summary: The median home sold price in Brookland Township was $189,950 in October 2024, down 26.9% from last month, and the median price per square foot was $143.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $258.4K$172.4K
-33.3%
4 $274.9K$302.4K
+10.0%
5+ --
N/A

Summary: Brookland 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 33.3%, 4 bedroom homes increased by 10%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Saint Francis Township
+13.8%
Brookland Township
-26.9%
Brookland
-26.9%

Housing Supply in Brookland Township, AR

How many homes are available in Brookland Township, AR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3026-13.3%

Summary: The Brookland Township real estate market had 26 homes for sale in October 2024, a 13.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 02
+100.0%
3 2318
-21.7%
4 76
-14.3%
5+ 00
0.0%

Summary: The Brookland 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 increased by 100%, 3 bedroom homes decreased by 21.7%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
84-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brookland Township, expect to pay close to the asking price. 75% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in Brookland Township in October 2024, down by 50.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 75% were sold at asking, and 0% were sold over asking.

Days on Market for Brookland 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 17 Days Ago

Newest Listings in Brookland Township, AR

Nearby Markets to Brookland Township, AR