$1,780 Closing Credit*
$149,900
1,868 SqFt
3 Beds
•2 Full Baths
#24034600, Marlisha Rochell, Listing Office: Rochell Real Estate Group
Is El Dorado Township, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, El Dorado Township was a Seller's Market.
Key Takeaway
El Dorado Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in El Dorado Township, AR
How much do homes in El Dorado Township, AR cost?
Median Sold Price
$260,000
$113/sqft
Based on all homes sold in August 2024.
Difference Since Last Month
+$71,500(+37.9%)
Key Takeaway
Homes in El Dorado Township have sold for 37.9% more than they did a month ago.
Summary: The median home sold price in El Dorado Township was $260,000 in August 2024, up 37.9% from last month, and the median price per square foot was $113.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $96.5K | $42K | -56.5% |
| 3 Bedrooms | $182K | $265K | +45.6% |
| 4 Bedrooms | $225.5K | $457.5K | +102.9% |
| 5+ Bedrooms | - | $260K | N/A |
Summary: El Dorado Township housing prices by bedroom type for August 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 56.5%, 3 bedroom homes increased by 45.6%, 4 bedroom homes increased by 102.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| El Dorado Township | $188.5K | $260K | +37.9% |
| El Dorado | $188.5K | $260K | +37.9% |
Housing Supply in El Dorado Township, AR
How many homes are available in El Dorado Township, AR?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 98 | 91 | -7.1% |
Summary: The El Dorado Township real estate market had 91 homes for sale in August 2024, a 7.1% decrease compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 16 | 17 | +6.3% |
| 3 Bedrooms | 49 | 45 | -8.2% |
| 4 Bedrooms | 26 | 22 | -15.4% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The El Dorado Township housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 6.3%, 3 bedroom homes decreased by 8.2%, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 29 | 12 | -58.6% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in El Dorado Township, you may be able to get a good deal. 72.7% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in El Dorado Township in August 2024, down by 58.6% month-over-month. Of the 11 sold homes, 73% were sold under asking, 9% 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
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.