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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fairplay Township is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Fairplay Township, AR

How much do homes in Fairplay Township, AR cost?

Median Sold Price

$318,750

$176/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$93,725(-22.7%)

Key Takeaway

Homes in Fairplay Township have sold for 22.7% less than they did a month ago.

Summary: The median home sold price in Fairplay Township was $318,750 in October 2024, down 22.7% from last month, and the median price per square foot was $176.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 -$347.5K
N/A
4 $400K$255K
-36.3%
5+ $775K-
N/A

Summary: Fairplay 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 did not change, 4 bedroom homes decreased by 36.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Newcomb Township
0.1%
Haskell Township
-5.7%
Fairplay Township
-22.7%

Housing Supply in Fairplay Township, AR

How many homes are available in Fairplay Township, AR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
13130.0%

Summary: The Fairplay Township real estate market had 13 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 56
+20.0%
4 77
0.0%
5+ 10
-100.0%

Summary: The Fairplay 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 remained the same, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
46+50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fairplay Township, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in Fairplay Township in October 2024, up by 50.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 33% were sold at asking, and 50% were sold over asking.

Days on Market for Fairplay Township, AR

How long does it take to sell a home in Fairplay Township, AR?

Average Sale Time

Sep 2024Oct 2024CHANGE
95 Days74 Days-22.0%

Summary: Homes in Fairplay Township had an average of 74 days on market in Oct 2024, down by 22% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Fairplay Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 6 homes were sold in Fairplay Township; 17% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

Newest Listings in Fairplay Township, AR

Nearby Markets to Fairplay Township, AR

What housing markets are near Fairplay Township, AR?