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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Gum Woods Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Gum Woods Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Gum Woods Township, AR

How much do homes in Gum Woods Township, AR cost?

Median Sold Price

$240,000

$101/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$72,525(+43.3%)

Key Takeaway

Homes in Gum Woods Township have sold for 43.3% more than they did a month ago.

Summary: The median home sold price in Gum Woods Township was $240,000 in October 2024, up 43.3% from last month, and the median price per square foot was $101.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $90.5K-
N/A
3 -$245K
N/A
4 $244.4K$82K
-66.5%
5+ --
N/A

Summary: Gum Woods 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 did not change, 4 bedroom homes decreased by 66.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Gum Woods Township
+43.3%
England
-1.8%

Housing Supply in Gum Woods Township, AR

How many homes are available in Gum Woods Township, AR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
98-11.1%

Summary: The Gum Woods Township real estate market had 8 homes for sale in October 2024, a 11.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 33
0.0%
4 44
0.0%
5+ 00
0.0%

Summary: The Gum Woods 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 decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
23+50.0%

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 Gum Woods 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 Gum Woods Township in October 2024, up by 50.0% 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 Gum Woods 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 5 Days Ago

Newest Listings in Gum Woods Township, AR

Nearby Markets to Gum Woods Township, AR

What housing markets are near Gum Woods Township, AR?