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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing El Dorado Township is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, El Dorado Township was a Buyer's Market.

Key Takeaway

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

Housing Prices in El Dorado Township, AR

How much do homes in El Dorado Township, AR cost?

Median Sold Price

$202,000

$100/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$52,000(+34.7%)

Key Takeaway

Homes in El Dorado Township have sold for 34.7% more than they did a month ago.

Summary: The median home sold price in El Dorado Township was $202,000 in November 2024, up 34.7% from last month, and the median price per square foot was $100.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $58.5K$72.2K
+23.5%
3 $155K$125K
-19.4%
4 $537.5K$354.5K
-34.0%
5+ $192.5K$477K
+147.8%

Summary: El Dorado 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 23.5%, 3 bedroom homes decreased by 19.4%, 4 bedroom homes decreased by 34%, and 5+ bedroom homes increased by 147.8%.

Median Sold Price Compared To Nearby Cities

El Dorado Township
+34.7%
El Dorado
+34.7%

Housing Supply in El Dorado Township, AR

How many homes are available in El Dorado Township, AR?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
110103-6.4%

Summary: The El Dorado Township real estate market had 103 homes for sale in November 2024, a 6.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1612
-25.0%
3 5453
-1.9%
4 3130
-3.2%
5+ 98
-11.1%

Summary: The El Dorado 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 decreased by 25%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes decreased by 3.2%, and 5+ bedroom homes decreased by 11.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1620+25.0%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in El Dorado Township, you may be able to get a good deal. 64.7% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in El Dorado Township in November 2024, up by 25.0% month-over-month. Of the 17 sold homes, 65% were sold under asking, 18% were sold at asking, and 18% were sold over asking.

Days on Market for El Dorado 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 21 Days Ago

Newest Listings in El Dorado Township, AR

Nearby Markets to El Dorado Township, AR