$10,000 Closing Credit*
$895,000
1,674 SqFt
3 Beds
•2 Full Baths
#24041437, Joe Goslee, Listing Office: Preferred Properties Realty
Is Lake Hamilton Township, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Lake Hamilton Township has remained a Buyer's Market.
Key Takeaway
Lake Hamilton Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Lake Hamilton Township, AR
How much do homes in Lake Hamilton Township, AR cost?
Median Sold Price
$282,500
$165/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$105,500(-27.2%)
Key Takeaway
Homes in Lake Hamilton Township have sold for 27.2% less than they did a month ago.
Summary: The median home sold price in Lake Hamilton Township was $282,500 in October 2024, down 27.2% from last month, and the median price per square foot was $165.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $388K | $410K | +5.7% |
| 3 Bedrooms | $311.5K | $260K | -16.5% |
| 4 Bedrooms | $435K | $227.8K | -47.6% |
| 5+ Bedrooms | $1.2M | - | N/A |
Summary: Lake Hamilton 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 increased by 5.7%, 3 bedroom homes decreased by 16.5%, 4 bedroom homes decreased by 47.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Hot Springs Township | $231.9K | $257.5K | +11.0% |
| Hot Springs | $215K | $235K | +9.3% |
| Hot Springs National Park | $290K | $261.2K | -9.9% |
| Lake Hamilton Township | $388K | $282.5K | -27.2% |
Housing Supply in Lake Hamilton Township, AR
How many homes are available in Lake Hamilton Township, AR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 192 | 221 | +15.1% |
Summary: The Lake Hamilton Township real estate market had 221 homes for sale in October 2024, a 15.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 37 | 43 | +16.2% |
| 3 Bedrooms | 82 | 92 | +12.2% |
| 4 Bedrooms | 47 | 56 | +19.1% |
| 5+ Bedrooms | 24 | 27 | +12.5% |
Summary: The Lake Hamilton Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 16.2%, 3 bedroom homes increased by 12.2%, 4 bedroom homes increased by 19.1%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 20 | +5.3% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lake Hamilton 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 20 homes were sold or pending in Lake Hamilton Township in October 2024, up by 5.3% month-over-month. Of the 18 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for Lake Hamilton Township, AR
We’re sorry, we don't have information for this market at the moment
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Cooperative Arkansas REALTORS® Multiple Listing Services, Inc. Real estate listings, held by brokerage firms other than this broker, are marked with the Broker Reciprocity℠ logo and information about them includes the name of the listing brokers. The IDX information is provided exclusively for consumers’ personal, non-commercial use that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2024 Cooperative Arkansas Realtors MLS. All Rights Reserved.