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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Magnolia Township is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Magnolia Township has remained a Buyer's Market.

Key Takeaway

Magnolia Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Magnolia Township, AR

How much do homes in Magnolia Township, AR cost?

Median Sold Price

$261,100

$152/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$76,100(+41.1%)

Key Takeaway

Homes in Magnolia Township have sold for 41.1% more than they did a month ago.

Summary: The median home sold price in Magnolia Township was $261,100 in November 2024, up 41.1% from last month, and the median price per square foot was $152.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$222.2K
N/A
3 $185K-
N/A
4 -$300K
N/A
5+ --
N/A

Summary: Magnolia 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.

Median Sold Price Compared To Nearby Cities

Magnolia Township
+41.1%
Magnolia
+41.1%

Housing Supply in Magnolia Township, AR

How many homes are available in Magnolia Township, AR?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1718+5.9%

Summary: The Magnolia Township real estate market had 18 homes for sale in November 2024, a 5.9% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 88
0.0%
4 55
0.0%
5+ 22
0.0%

Summary: The Magnolia 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 increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Magnolia Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Magnolia Township in November 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Magnolia 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 Magnolia Township, AR

Nearby Markets to Magnolia Township, AR