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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Merry Green Township is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Merry Green Township, AR

How much do homes in Merry Green Township, AR cost?

Median Sold Price

$219,950

$138/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$60,700(+38.1%)

Key Takeaway

Homes in Merry Green Township have sold for 38.1% more than they did a year ago.

Summary: The median home sold price in Merry Green Township was $219,950 in October 2024, up 38.1% from last year, and the median price per square foot was $138.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $107.5K$118.9K
+10.6%
2 $60K$80K
+33.3%
3 $190K$200K
+5.3%
4 -$352.9K
N/A
5+ -$399K
N/A

Summary: Merry Green Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.6%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 5.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Sheridan
+47.9%
Merry Green Township
+38.1%

Housing Supply in Merry Green Township, AR

How many homes are available in Merry Green Township, AR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4347+9.3%

Summary: The Merry Green Township real estate market had 47 homes for sale in October 2024, a 9.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 33
0.0%
3 2631
+19.2%
4 1313
0.0%
5+ 00
0.0%

Summary: The Merry Green Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 19.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
11110.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Merry Green Township, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Merry Green Township in October 2024, the same as the previous month. Of the 11 sold homes, 64% were sold under asking, 18% were sold at asking, and 18% were sold over asking.

Days on Market for Merry Green 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 20 Days Ago

Newest Listings in Merry Green Township, AR

Nearby Markets to Merry Green Township, AR

What housing markets are near Merry Green Township, AR?