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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Center Township is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Center Township was a Buyer's Market.

Key Takeaway

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

Housing Prices in Center Township, AR

How much do homes in Center Township, AR cost?

Median Sold Price

$265,000

$234/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$17,500(+7.1%)

Key Takeaway

Homes in Center Township have sold for 7.1% more than they did a month ago.

Summary: The median home sold price in Center Township was $265,000 in November 2024, up 7.1% from last month, and the median price per square foot was $234.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $247.5K$262.5K
+6.1%
3 -$664K
N/A
4 --
N/A
5+ --
N/A

Summary: Center 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 increased by 6.1%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Royal
+24.4%
Center Township
+7.1%
Mount Ida Township
+7.1%

Housing Supply in Center Township, AR

How many homes are available in Center Township, AR?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1214+16.7%

Summary: The Center Township real estate market had 14 homes for sale in November 2024, a 16.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 45
+25.0%
3 34
+33.3%
4 33
0.0%
5+ 22
0.0%

Summary: The Center 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 increased by 25%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Center Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Center Township in November 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Center 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 22 Days Ago

Newest Listings in Center Township, AR

Nearby Markets to Center Township, AR

What housing markets are near Center Township, AR?