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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mountain Home Township is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Mountain Home Township was a Buyer's Market.

Key Takeaway

Mountain Home Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Mountain Home Township, AR

How much do homes in Mountain Home Township, AR cost?

Median Sold Price

$192,500

$132/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$42,500(-18.1%)

Key Takeaway

Homes in Mountain Home Township have sold for 18.1% less than they did a month ago.

Summary: The median home sold price in Mountain Home Township was $192,500 in November 2024, down 18.1% from last month, and the median price per square foot was $132.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $154.9K$185K
+19.4%
3 $235K$216.2K
-8.0%
4 $420K-
N/A
5+ --
N/A

Summary: Mountain Home 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 increased by 19.4%, 3 bedroom homes decreased by 8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Mountain Home Township
-18.1%
Mountain Home
-18.1%

Housing Supply in Mountain Home Township, AR

How many homes are available in Mountain Home Township, AR?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4648+4.3%

Summary: The Mountain Home Township real estate market had 48 homes for sale in November 2024, a 4.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 99
0.0%
3 2627
+3.8%
4 910
+11.1%
5+ 11
0.0%

Summary: The Mountain Home 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 remained the same, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
57+40.0%

Asking Price vs. Sold Price

6 Homes Were 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 Mountain Home Township, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Mountain Home Township in November 2024, up by 40.0% month-over-month. Of the 7 sold homes, 86% were sold under asking, 14% were sold at asking, and 0% were sold over asking.

Days on Market for Mountain Home Township, AR

How long does it take to sell a home in Mountain Home Township, AR?

Average Sale Time

Oct 2024Nov 2024CHANGE
78 Days109 Days+39.8%

Summary: Homes in Mountain Home Township had an average of 109 days on market in Nov 2024, up by 39.8% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Mountain Home Township has remained consistent over time.

Summary: During November 2024, 7 homes were sold in Mountain Home Township; 0% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.

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 Mountain Home Township, AR

Nearby Markets to Mountain Home Township, AR

What housing markets are near Mountain Home Township, AR?