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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kings River Township is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Kings River Township was a Buyer's Market.

Key Takeaway

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

Housing Prices in Kings River Township, AR

How much do homes in Kings River Township, AR cost?

Median Sold Price

$179,000

$123/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$211,000(-54.1%)

Key Takeaway

Homes in Kings River Township have sold for 54.1% less than they did a month ago.

Summary: The median home sold price in Kings River Township was $179,000 in November 2024, down 54.1% from last month, and the median price per square foot was $123.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $390K-
N/A
3 -$175K
N/A
4 -$183K
N/A
5+ --
N/A

Summary: Kings River 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 did not change, and 5+ bedroom homes did not change.

Housing Supply in Kings River Township, AR

How many homes are available in Kings River Township, AR?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
87-12.5%

Summary: The Kings River Township real estate market had 7 homes for sale in November 2024, a 12.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 12
+100.0%
4 33
0.0%
5+ 10
-100.0%

Summary: The Kings River 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 decreased by 33.3%, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kings River Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Kings River Township in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Kings River Township, AR

How long does it take to sell a home in Kings River Township, AR?

Average Sale Time

Oct 2024Nov 2024CHANGE
130 Days116 Days-10.8%

Summary: Homes in Kings River Township had an average of 116 days on market in Nov 2024, down by 10.8% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Kings River Township has remained consistent over time.

Summary: During November 2024, 2 homes were sold in Kings River Township; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 21 Days Ago

Newest Listings in Kings River Township, AR

Nearby Markets to Kings River Township, AR

What housing markets are near Kings River Township, AR?