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 buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Gilkerson Township was a Seller's Market.

Key Takeaway

Gilkerson Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Gilkerson Township, AR

How much do homes in Gilkerson Township, AR cost?

Median Sold Price

$540,000

$186/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$190,250(+54.4%)

Key Takeaway

Homes in Gilkerson Township have sold for 54.4% more than they did a month ago.

Summary: The median home sold price in Gilkerson Township was $540,000 in November 2024, up 54.4% from last month, and the median price per square foot was $186.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $439.9K-
N/A
4 $345.2K$540K
+56.4%
5+ $899K-
N/A

Summary: Gilkerson 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 did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 56.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Gilkerson Township
+54.4%
Jonesboro
-16.0%
Jonesboro Township
-16.0%
Greenfield Township
-57.2%

Housing Supply in Gilkerson Township, AR

How many homes are available in Gilkerson Township, AR?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4036-10.0%

Summary: The Gilkerson Township real estate market had 36 homes for sale in November 2024, a 10.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1010
0.0%
4 2118
-14.3%
5+ 98
-11.1%

Summary: The Gilkerson 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 remained the same, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 11.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
102-80.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were 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. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Gilkerson Township in November 2024, down by 80.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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?