$8,253 Closing Credit*
$695,000
3,580 SqFt
4 Beds
•3 Full Baths
#24045120, David Sutton, Listing Office: RE/MAX Elite
Is Maumelle Township, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Maumelle Township has remained a Seller'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
$310,000
$151/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$10,000(-3.1%)
Key Takeaway
Homes in Maumelle Township have sold for 3.1% less than they did a year ago.
Summary: The median home sold price in Maumelle Township was $310,000 in November 2024, down 3.1% from last year, and the median price per square foot was $151.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $117.5K | $161.3K | +37.3% |
| 3 Bedrooms | $248K | $262K | +5.6% |
| 4 Bedrooms | $405.7K | $368K | -9.3% |
| 5+ Bedrooms | $558K | $552.5K | -1.0% |
Summary: Maumelle Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 37.3%, 3 bedroom homes increased by 5.6%, 4 bedroom homes decreased by 9.3%, and 5+ bedroom homes decreased by 1%.
Housing Supply in Maumelle Township, AR
How many homes are available in Maumelle Township, AR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 123 | 121 | -1.6% |
Summary: The Maumelle Township real estate market had 121 homes for sale in November 2024, a 1.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 7 | +16.7% |
| 3 Bedrooms | 53 | 45 | -15.1% |
| 4 Bedrooms | 54 | 60 | +11.1% |
| 5+ Bedrooms | 10 | 9 | -10.0% |
Summary: The Maumelle 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 15.1%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes decreased by 10%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 37 | 21 | -43.2% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Maumelle Township, you may be able to get a good deal. 35% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in Maumelle Township in November 2024, down by 43.2% month-over-month. Of the 20 sold homes, 35% were sold under asking, 35% were sold at asking, and 30% 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
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.