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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hale Township is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Hale Township was a Neutral Market.

Key Takeaway

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

Housing Prices in Hale Township, AR

How much do homes in Hale Township, AR cost?

Median Sold Price

$264,000

$143/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$45,000(+20.5%)

Key Takeaway

Homes in Hale Township have sold for 20.5% more than they did a month ago.

Summary: The median home sold price in Hale Township was $264,000 in November 2024, up 20.5% from last month, and the median price per square foot was $143.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $50K-
N/A
2 $125K$150K
+20.0%
3 $230K$260.3K
+13.2%
4 $292.5K$295K
+0.9%
5+ $250K$325.5K
+30.2%

Summary: Hale 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 increased by 20%, 3 bedroom homes increased by 13.2%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes increased by 30.2%.

Median Sold Price Compared To Nearby Cities

Jessieville
+420.0%
Royal
+24.4%
Whittington Township
+22.1%
Hale Township
+20.5%

Housing Supply in Hale Township, AR

How many homes are available in Hale Township, AR?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
178177-0.6%

Summary: The Hale Township real estate market had 177 homes for sale in November 2024, a 0.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 3036
+20.0%
3 109105
-3.7%
4 3028
-6.7%
5+ 88
0.0%

Summary: The Hale Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 20%, 3 bedroom homes decreased by 3.7%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2932+10.3%

Asking Price vs. Sold Price

21 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hale Township, you may be able to get a good deal. 65.6% of homes here sold below asking price last month.

Summary: A total of 32 homes were sold or pending in Hale Township in November 2024, up by 10.3% month-over-month. Of the 32 sold homes, 66% were sold under asking, 19% were sold at asking, and 16% were sold over asking.

Days on Market for Hale Township, AR

How long does it take to sell a home in Hale 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 Hale Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 32 homes were sold in Hale Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 3% 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 17 Days Ago

Newest Listings in Hale Township, AR

Nearby Markets to Hale Township, AR

What housing markets are near Hale Township, AR?