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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Maumelle Township is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Maumelle Township was a Buyer's Market.

Key Takeaway

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

Housing Prices in Maumelle Township, AR

How much do homes in Maumelle Township, AR cost?

Median Sold Price

$308,333

$151/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$11,666(-3.6%)

Key Takeaway

Homes in Maumelle Township have sold for 3.6% less than they did a year ago.

Summary: The median home sold price in Maumelle Township was $308,333 in October 2024, down 3.6% from last year, and the median price per square foot was $151.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $135K$149.9K
+11.0%
3 $241K$262K
+8.7%
4 $403.6K$378K
-6.4%
5+ $713.5K$510K
-28.5%

Summary: Maumelle Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11%, 3 bedroom homes increased by 8.7%, 4 bedroom homes decreased by 6.4%, and 5+ bedroom homes decreased by 28.5%.

Housing Supply in Maumelle Township, AR

How many homes are available in Maumelle Township, AR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
123129+4.9%

Summary: The Maumelle Township real estate market had 129 homes for sale in October 2024, a 4.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 87
-12.5%
3 5655
-1.8%
4 4856
+16.7%
5+ 1111
0.0%

Summary: The Maumelle Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 12.5%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2735+29.6%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Maumelle Township, you may be able to get a good deal. 45.7% of homes here sold below asking price last month.

Summary: A total of 35 homes were sold or pending in Maumelle Township in October 2024, up by 29.6% month-over-month. Of the 35 sold homes, 46% were sold under asking, 34% were sold at asking, and 20% were sold over asking.

Days on Market for Maumelle 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 21 Days Ago

Newest Listings in Maumelle Township, AR

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What housing markets are near Maumelle Township, AR?