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

$219,000

$126/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$36,000(-14.1%)

Key Takeaway

Homes in Hale Township have sold for 14.1% less than they did a month ago.

Summary: The median home sold price in Hale Township was $219,000 in October 2024, down 14.1% from last month, and the median price per square foot was $126.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 -$50K
N/A
2 $162.2K$125K
-23.0%
3 $270K$227.5K
-15.7%
4 $322.4K$292.5K
-9.3%
5+ -$250K
N/A

Summary: Hale 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 decreased by 23%, 3 bedroom homes decreased by 15.7%, 4 bedroom homes decreased by 9.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Hale Township
-14.1%
Whittington Township
-24.1%
Royal
-52.2%

Housing Supply in Hale Township, AR

How many homes are available in Hale Township, AR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
151179+18.5%

Summary: The Hale Township real estate market had 179 homes for sale in October 2024, a 18.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 3130
-3.2%
3 89108
+21.3%
4 2333
+43.5%
5+ 77
0.0%

Summary: The Hale 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 3.2%, 3 bedroom homes increased by 21.3%, 4 bedroom homes increased by 43.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2232+45.5%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

2 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. 66.7% of homes here sold below asking price last month.

Summary: A total of 32 homes were sold or pending in Hale Township in October 2024, up by 45.5% month-over-month. Of the 24 sold homes, 67% were sold under asking, 25% were sold at asking, and 8% were sold over asking.

Days on Market for Hale 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 16 Days Ago

Newest Listings in Hale Township, AR

Nearby Markets to Hale Township, AR

What housing markets are near Hale Township, AR?