$2,965 Closing Credit*
$249,700
1,215 SqFt
3 Beds
•1 Full Bath, 1 Partial
Listing Office: Coldwell Banker K-C Realty
Is Cedar Township, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Cedar Township was a Seller's Market.
Key Takeaway
Cedar Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Cedar Township, AR
How much do homes in Cedar Township, AR cost?
Median Sold Price
$345,000
$207/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$20,000(+6.2%)
Key Takeaway
Homes in Cedar Township have sold for 6.2% more than they did a year ago.
Summary: The median home sold price in Cedar Township was $345,000 in October 2024, up 6.2% from last year, and the median price per square foot was $207.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $205K | $179K | -12.7% |
| 2 Bedrooms | $242.5K | $309.6K | +27.7% |
| 3 Bedrooms | $318.5K | $364.5K | +14.4% |
| 4 Bedrooms | $470K | $387.5K | -17.6% |
| 5+ Bedrooms | $975K | $697K | -28.5% |
Summary: Cedar Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.7%, 2 bedroom homes increased by 27.7%, 3 bedroom homes increased by 14.4%, 4 bedroom homes decreased by 17.6%, and 5+ bedroom homes decreased by 28.5%.
Median Sold Price Compared To Nearby Cities
| Franklin Township | $249K | $322.4K | +29.5% |
| Cedar Township | $325K | $345K | +6.2% |
| Beaver Township | $272.5K | $289K | +6.1% |
| Eureka Springs | $300K | $313.5K | +4.5% |
Housing Supply in Cedar Township, AR
How many homes are available in Cedar Township, AR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 60 | 52 | -13.3% |
Summary: The Cedar Township real estate market had 52 homes for sale in October 2024, a 13.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 3 | -25.0% |
| 2 Bedrooms | 16 | 12 | -25.0% |
| 3 Bedrooms | 20 | 18 | -10.0% |
| 4 Bedrooms | 12 | 13 | +8.3% |
| 5+ Bedrooms | 8 | 6 | -25.0% |
Summary: The Cedar Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 10%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 3 | -76.9% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cedar Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Cedar Township in October 2024, down by 76.9% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Cedar Township, AR
How long does it take to sell a home in Cedar Township, AR?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 114 Days | 94 Days | -17.6% |
Summary: Homes in Cedar Township had an average of 94 days on market in Oct 2024, down by 17.6% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Cedar Township are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 3 homes were sold in Cedar Township; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
Disclaimer: IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright © 2024 Northwest Arkansas Board of Realtors All rights reserved.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Cooperative Arkansas REALTORS® Multiple Listing Services, Inc. Real estate listings, held by brokerage firms other than this broker, are marked with the Broker Reciprocity℠ logo and information about them includes the name of the listing brokers. The IDX information is provided exclusively for consumers’ personal, non-commercial use that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2024 Cooperative Arkansas Realtors MLS. All Rights Reserved.