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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Gilkerson Township is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Gilkerson Township, AR

How much do homes in Gilkerson Township, AR cost?

Median Sold Price

$349,750

$153/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$11,020(+3.3%)

Key Takeaway

Homes in Gilkerson Township have sold for 3.3% more than they did a month ago.

Summary: The median home sold price in Gilkerson Township was $349,750 in October 2024, up 3.3% from last month, and the median price per square foot was $153.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $249.5K$439.9K
+76.4%
4 $565K$345.2K
-38.9%
5+ $560K$899K
+60.5%

Summary: Gilkerson 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 increased by 76.4%, 4 bedroom homes decreased by 38.9%, and 5+ bedroom homes increased by 60.5%.

Median Sold Price Compared To Nearby Cities

Jonesboro
+21.3%
Jonesboro Township
+21.3%
Gilkerson Township
+3.3%
Greenfield Township
-17.9%

Housing Supply in Gilkerson Township, AR

How many homes are available in Gilkerson Township, AR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4544-2.2%

Summary: The Gilkerson Township real estate market had 44 homes for sale in October 2024, a 2.2% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1110
-9.1%
4 2123
+9.5%
5+ 1311
-15.4%

Summary: The Gilkerson 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 decreased by 9.1%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes decreased by 15.4%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
810+25.0%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Gilkerson Township, you may be able to get a good deal. 90% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Gilkerson Township in October 2024, up by 25.0% month-over-month. Of the 10 sold homes, 90% were sold under asking, 0% were sold at asking, and 10% were sold over asking.

Days on Market for Gilkerson 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 20 Days Ago

Newest Listings in Gilkerson Township, AR

Nearby Markets to Gilkerson Township, AR

What housing markets are near Gilkerson Township, AR?