Is Goshen, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Goshen is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Goshen was a Seller's Market.

Key Takeaway

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

Housing Prices in Goshen, AR

How much do homes in Goshen, AR cost?

Median Sold Price

$712,500

$248/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$58,750(-7.6%)

Key Takeaway

Homes in Goshen have sold for 7.6% less than they did a month ago.

Summary: The median home sold price in Goshen was $712,500 in October 2024, down 7.6% from last month, and the median price per square foot was $248.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $410K$735K
+79.3%
4 $811.2K$690K
-14.9%
5+ --
N/A

Summary: Goshen 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 79.3%, 4 bedroom homes decreased by 14.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Wyman Township
-0.1%
Goshen
-7.6%
Goshen Township
-10.5%

Housing Supply in Goshen, AR

How many homes are available in Goshen, AR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1819+5.6%

Summary: The Goshen real estate market had 19 homes for sale in October 2024, a 5.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 53
-40.0%
4 1316
+23.1%
5+ 00
0.0%

Summary: The Goshen 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 40%, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
42-50.0%

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 Goshen, 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 Goshen in October 2024, down by 50.0% 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 Goshen, AR

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

Average Sale Time

Sep 2024Oct 2024CHANGE
131 Days109 Days-17.0%

Summary: Homes in Goshen had an average of 109 days on market in Oct 2024, down by 17% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Goshen has remained consistent over time.

Summary: During October 2024, 2 homes were sold in Goshen; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 20 Days Ago

Newest Listings in Goshen, AR

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