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 neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Gum Woods Township was a Seller's Market.

Key Takeaway

Gum Woods Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Gum Woods Township, AR

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

Median Sold Price

$45,000

$37/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$195,000(-81.3%)

Key Takeaway

Homes in Gum Woods Township have sold for 81.2% less than they did a month ago.

Summary: The median home sold price in Gum Woods Township was $45,000 in November 2024, down 81.3% from last month, and the median price per square foot was $37.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $245K-
N/A
4 $82K$45K
-45.1%
5+ --
N/A

Summary: Gum Woods Township housing prices by bedroom type for November 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 45.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Gum Woods Township
-81.3%
England
-81.3%

Housing Supply in Gum Woods Township, AR

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

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
86-25.0%

Summary: The Gum Woods Township real estate market had 6 homes for sale in November 2024, a 25.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 30
-100.0%
4 55
0.0%
5+ 00
0.0%

Summary: The Gum Woods Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Gum Woods Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Gum Woods Township in November 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% 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 22 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?