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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hill Township is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Hill Township, AR

How much do homes in Hill Township, AR cost?

Median Sold Price

$224,900

$128/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$9,000(+4.2%)

Key Takeaway

Homes in Hill Township have sold for 4.2% more than they did a month ago.

Summary: The median home sold price in Hill Township was $224,900 in November 2024, up 4.2% from last month, and the median price per square foot was $128.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 -$55K
N/A
2 $121K$140K
+15.7%
3 $198K$196.5K
-0.8%
4 $299.4K$307.5K
+2.7%
5+ $420K$632.9K
+50.7%

Summary: Hill 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 15.7%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes increased by 50.7%.

Median Sold Price Compared To Nearby Cities

Sherwood
+10.4%
Hill Township
+4.2%
North Little Rock
-7.1%
Jacksonville
-11.8%

Housing Supply in Hill Township, AR

How many homes are available in Hill Township, AR?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
750755+0.7%

Summary: The Hill Township real estate market had 755 homes for sale in November 2024, a 0.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 34
+33.3%
2 7677
+1.3%
3 416411
-1.2%
4 222226
+1.8%
5+ 3337
+12.1%

Summary: The Hill Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 1.3%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes increased by 12.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
192137-28.6%

Asking Price vs. Sold Price

69 Homes Were Sold
Under Asking

33 Homes Were Sold
At Asking

29 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hill Township, you may be able to get a good deal. 52.7% of homes here sold below asking price last month.

Summary: A total of 137 homes were sold or pending in Hill Township in November 2024, down by 28.6% month-over-month. Of the 131 sold homes, 53% were sold under asking, 25% were sold at asking, and 22% were sold over asking.

Days on Market for Hill 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 17 Days Ago

Newest Listings in Hill Township, AR

Nearby Markets to Hill Township, AR

What housing markets are near Hill Township, AR?