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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Greenwood Township is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Greenwood Township was a Neutral Market.

Key Takeaway

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

Housing Prices in Greenwood Township, AR

How much do homes in Greenwood Township, AR cost?

Median Sold Price

$254,070

$139/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$280,930(-52.5%)

Key Takeaway

Homes in Greenwood Township have sold for 52.5% less than they did a month ago.

Summary: The median home sold price in Greenwood Township was $254,070 in October 2024, down 52.5% from last month, and the median price per square foot was $139.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $535K$209.1K
-60.9%
4 -$299K
N/A
5+ --
N/A

Summary: Greenwood 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 decreased by 60.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Greenwood Township, AR

How many homes are available in Greenwood Township, AR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
770.0%

Summary: The Greenwood Township real estate market had 7 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 43
-25.0%
4 23
+50.0%
5+ 11
0.0%

Summary: The Greenwood 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 25%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12+100.0%

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 Greenwood 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 Greenwood Township in October 2024, up by 100.0% 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 Greenwood Township, AR

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

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Greenwood Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 2 homes were sold in Greenwood Township; 0% of homes were sold within 30 days, 0% 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 23 Days Ago

Newest Listings in Greenwood Township, AR

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What housing markets are near Greenwood Township, AR?