Is Gray Township, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Gray Township has remained a Seller's Market.
Housing Prices in Gray Township, AR
How much do homes in Gray Township, AR cost?
Median Sold Price
$191,000
$119/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Gray Township was $191,000 in May 2024, up 7.6% from last month, and the median price per square foot was $119.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $154.4K | $140K | -9.3% |
3 Bedrooms | $162.5K | $185.5K | +14.2% |
4 Bedrooms | $265K | $445K | +67.9% |
5+ Bedrooms | $390K | $368.5K | -5.5% |
Summary: Gray Township housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 9.3%, 3 bedroom homes increased by 14.2%, 4 bedroom homes increased by 67.9%, and 5+ bedroom homes decreased by 5.5%.
Median Sold Price Compared To Nearby Cities
Gum Springs Township | $195K | $225K | +15.4% |
Gray Township | $177.5K | $191K | +7.6% |
Searcy | $181.5K | $195K | +7.4% |
Housing Supply in Gray Township, AR
How many homes are available in Gray Township, AR?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
108 | 105 | -2.8% |
Summary: The Gray Township real estate market had 105 homes for sale in May 2024, a 2.8% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 13 | 12 | -7.7% |
3 Bedrooms | 67 | 63 | -6.0% |
4 Bedrooms | 21 | 23 | +9.5% |
5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Gray Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 7.7%, 3 bedroom homes decreased by 6%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
26 | 48 | +84.6% |
Asking Price vs. Sold Price
25 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 48 homes were sold or pending in Gray Township in May 2024, up by 84.6% month-over-month. Of the 45 sold homes, 56% were sold under asking, 36% were sold at asking, and 9% were sold over asking.
Days on Market for Gray Township, AR
We’re sorry, we don't have information for this market at the moment