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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Caroline Township is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Caroline Township, AR

How much do homes in Caroline Township, AR cost?

Median Sold Price

$234,000

$155/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$575(-0.2%)

Key Takeaway

The sold price of homes in Caroline Township has remained the same since last month.

Summary: The median home sold price in Caroline Township was $234,000 in November 2024, down 0.2% from last month, and the median price per square foot was $155.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $221.5K$225.2K
+1.7%
4 $264.9K$275K
+3.8%
5+ -$405K
N/A

Summary: Caroline Township housing prices by bedroom type for November 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 increased by 1.7%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

York Township
+28.2%
Cabot
+26.1%
Ward
+10.4%
Caroline Township
-0.2%

Housing Supply in Caroline Township, AR

How many homes are available in Caroline Township, AR?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6265+4.8%

Summary: The Caroline Township real estate market had 65 homes for sale in November 2024, a 4.8% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 3537
+5.7%
4 2324
+4.3%
5+ 33
0.0%

Summary: The Caroline Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1220+66.7%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Caroline Township, you may be able to get a good deal. 45% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in Caroline Township in November 2024, up by 66.7% month-over-month. Of the 20 sold homes, 45% were sold under asking, 30% were sold at asking, and 25% were sold over asking.

Days on Market for Caroline 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 Caroline Township, AR

Nearby Markets to Caroline Township, AR

What housing markets are near Caroline Township, AR?