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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cadron Township is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Cadron Township, AR

How much do homes in Cadron Township, AR cost?

Median Sold Price

$241,440

$146/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$1,947(-0.8%)

Key Takeaway

Homes in Cadron Township have sold for 0.8% less than they did a month ago.

Summary: The median home sold price in Cadron Township was $241,440 in October 2024, down 0.8% from last month, and the median price per square foot was $146.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 -$95K
N/A
2 $152.5K$134K
-12.1%
3 $233K$225.5K
-3.2%
4 $358K$329.2K
-8.0%
5+ $407.5K$520K
+27.6%

Summary: Cadron 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 decreased by 12.1%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes decreased by 8%, and 5+ bedroom homes increased by 27.6%.

Median Sold Price Compared To Nearby Cities

Cadron Township
-0.8%
Conway
-1.8%
Palarm Township
-2.3%
East Fork Township
-9.6%

Housing Supply in Cadron Township, AR

How many homes are available in Cadron Township, AR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2682680.0%

Summary: The Cadron Township real estate market had 268 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 1314
+7.7%
3 140137
-2.1%
4 9395
+2.2%
5+ 2121
0.0%

Summary: The Cadron 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 7.7%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
6266+6.5%

Asking Price vs. Sold Price

30 Homes Were Sold
Under Asking

23 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cadron Township, you may be able to get a good deal. 47.6% of homes here sold below asking price last month.

Summary: A total of 66 homes were sold or pending in Cadron Township in October 2024, up by 6.5% month-over-month. Of the 63 sold homes, 48% were sold under asking, 37% were sold at asking, and 16% were sold over asking.

Days on Market for Cadron Township, AR

How long does it take to sell a home in Cadron Township, AR?

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Cadron Township has remained consistent over time.

Summary: During October 2024, 66 homes were sold in Cadron Township; 0% of homes were sold within 30 days, 2% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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 Cadron Township, AR

Nearby Markets to Cadron Township, AR

What housing markets are near Cadron Township, AR?