$3,194 Closing Credit*
$269,000
1,560 SqFt
3 Beds
•2 Full Baths
Listing Office: Joseph Walter Realty
Is Elkins Township, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Elkins Township was a Seller's Market.
Key Takeaway
Elkins Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Elkins Township, AR
How much do homes in Elkins Township, AR cost?
Median Sold Price
$270,000
$182/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$12,050(+4.7%)
Key Takeaway
Homes in Elkins Township have sold for 4.7% more than they did a year ago.
Summary: The median home sold price in Elkins Township was $270,000 in November 2024, up 4.7% from last year, and the median price per square foot was $182.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $194.5K | $250K | +28.5% |
| 3 Bedrooms | $250K | $265K | +6.0% |
| 4 Bedrooms | $295K | $294.5K | -0.2% |
| 5+ Bedrooms | - | $334K | N/A |
Summary: Elkins Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 28.5%, 3 bedroom homes increased by 6%, 4 bedroom homes decreased by 0.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Elkins Township | $257.9K | $270K | +4.7% |
| Elkins | $257.9K | $270K | +4.7% |
| Fayetteville Township | $366.6K | $379.5K | +3.5% |
| Fayetteville | $366.6K | $379.3K | +3.5% |
Housing Supply in Elkins Township, AR
How many homes are available in Elkins Township, AR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 41 | 37 | -9.8% |
Summary: The Elkins Township real estate market had 37 homes for sale in November 2024, a 9.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 26 | 22 | -15.4% |
| 4 Bedrooms | 9 | 9 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Elkins 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 15.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 5 | -44.4% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Elkins Township, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Elkins Township in November 2024, down by 44.4% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.
Days on Market for Elkins Township, AR
How long does it take to sell a home in Elkins Township, AR?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 44 Days | 77 Days | +73.4% |
Summary: Homes in Elkins Township had an average of 77 days on market in Nov 2024, up by 73.4% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Elkins Township has remained consistent over time.
Summary: During November 2024, 5 homes were sold in Elkins Township; 0% of homes were sold within 30 days, 80% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
Disclaimer: 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 the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright © 2024 Northwest Arkansas Board of Realtors All rights reserved.