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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Goshen Township is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Goshen Township was a Neutral Market.

Key Takeaway

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

Housing Prices in Goshen Township, AR

How much do homes in Goshen Township, AR cost?

Median Sold Price

$690,000

$291/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$81,250(-10.5%)

Key Takeaway

Homes in Goshen Township have sold for 10.5% less than they did a month ago.

Summary: The median home sold price in Goshen Township was $690,000 in October 2024, down 10.5% from last month, and the median price per square foot was $291.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$384K
N/A
3 $410K$735K
+79.3%
4 $811.2K$690K
-14.9%
5+ --
N/A

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

Median Sold Price Compared To Nearby Cities

Lamar Township
+299.3%
Wyman Township
-0.1%
Goshen
-7.6%
Goshen Township
-10.5%
Richland Township
-17.7%

Housing Supply in Goshen Township, AR

How many homes are available in Goshen Township, AR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2629+11.5%

Summary: The Goshen Township real estate market had 29 homes for sale in October 2024, a 11.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 75
-28.6%
4 1519
+26.7%
5+ 11
0.0%

Summary: The Goshen 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 increased by 33.3%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes increased by 26.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

2 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 Goshen Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Goshen Township in October 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Goshen Township, AR

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

Average Sale Time

Sep 2024Oct 2024CHANGE
131 Days102 Days-22.0%

Summary: Homes in Goshen Township had an average of 102 days on market in Oct 2024, down by 22% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were 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 Township has remained consistent over time.

Summary: During October 2024, 3 homes were sold in Goshen Township; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% 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 Township, AR

Nearby Markets to Goshen Township, AR

What housing markets are near Goshen Township, AR?