$2,136 Closing Credit*
$179,900
1,974 SqFt
3 Beds
•2 Full Baths
#24041322, Andrea Andrews, Listing Office: Compass Rose Realty
Is Demun Township, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Demun Township has remained a Buyer's Market.
Key Takeaway
Demun Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Demun Township, AR
How much do homes in Demun Township, AR cost?
Median Sold Price
$120,000
$79/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$105,000(-46.7%)
Key Takeaway
Homes in Demun Township have sold for 46.7% less than they did a month ago.
Summary: The median home sold price in Demun Township was $120,000 in October 2024, down 46.7% from last month, and the median price per square foot was $79.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $225K | $73.5K | -67.3% |
| 4 Bedrooms | $190K | $125K | -34.2% |
| 5+ Bedrooms | $450K | - | N/A |
Summary: Demun 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 67.3%, 4 bedroom homes decreased by 34.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Demun Township | $225K | $120K | -46.7% |
| Pocahontas | $300K | $122.5K | -59.2% |
Housing Supply in Demun Township, AR
How many homes are available in Demun Township, AR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 28 | 29 | +3.6% |
Summary: The Demun Township real estate market had 29 homes for sale in October 2024, a 3.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 6 | +20.0% |
| 3 Bedrooms | 14 | 15 | +7.1% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Demun 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 20%, 3 bedroom homes increased by 7.1%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
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 Demun Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Demun Township in October 2024, up by 33.3% 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 Demun Township, AR
We’re sorry, we don't have information for this market at the moment
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.