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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Marion Township is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Marion Township was a Seller's Market.

Key Takeaway

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

Housing Prices in Marion Township, AR

How much do homes in Marion Township, AR cost?

Median Sold Price

$141,000

$95/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$69,000(-32.9%)

Key Takeaway

Homes in Marion Township have sold for 32.9% less than they did a month ago.

Summary: The median home sold price in Marion Township was $141,000 in November 2024, down 32.9% from last month, and the median price per square foot was $95.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $108K$100K
-7.4%
3 $214.2K$141K
-34.2%
4 -$413K
N/A
5+ --
N/A

Summary: Marion 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 decreased by 7.4%, 3 bedroom homes decreased by 34.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Marion Township
-32.9%
Monticello
-40.5%

Housing Supply in Marion Township, AR

How many homes are available in Marion Township, AR?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5156+9.8%

Summary: The Marion Township real estate market had 56 homes for sale in November 2024, a 9.8% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 67
+16.7%
3 3028
-6.7%
4 1418
+28.6%
5+ 13
+200.0%

Summary: The Marion 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 16.7%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes increased by 200%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
107-30.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Marion 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 7 homes were sold or pending in Marion Township in November 2024, down by 30.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.

Days on Market for Marion 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 Marion Township, AR

Nearby Markets to Marion Township, AR

What housing markets are near Marion Township, AR?