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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Des Arc Township is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Des Arc Township, AR

How much do homes in Des Arc Township, AR cost?

Median Sold Price

$103,000

$77/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$33,000(-24.3%)

Key Takeaway

Homes in Des Arc Township have sold for 24.3% less than they did a month ago.

Summary: The median home sold price in Des Arc Township was $103,000 in November 2024, down 24.3% from last month, and the median price per square foot was $77.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$73.5K
N/A
3 $149K$121.5K
-18.5%
4 $123K-
N/A
5+ --
N/A

Summary: Des Arc 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 decreased by 18.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Des Arc Township, AR

How many homes are available in Des Arc Township, AR?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
97-22.2%

Summary: The Des Arc Township real estate market had 7 homes for sale in November 2024, a 22.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 22
0.0%
3 43
-25.0%
4 21
-50.0%
5+ 00
0.0%

Summary: The Des Arc 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 decreased by 25%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Des Arc 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 Des Arc Township in November 2024, up by 50.0% 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 Des Arc 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 Des Arc Township, AR

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