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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Newcomb Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Newcomb Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Newcomb Township, AR

How much do homes in Newcomb Township, AR cost?

Median Sold Price

$211,037

$150/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$9,975(-4.5%)

Key Takeaway

Homes in Newcomb Township have sold for 4.5% less than they did a month ago.

Summary: The median home sold price in Newcomb Township was $211,037 in November 2024, down 4.5% from last month, and the median price per square foot was $150.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $231.7K$205.5K
-11.3%
4 $217.1K$224K
+3.2%
5+ --
N/A

Summary: Newcomb 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 did not change, 3 bedroom homes decreased by 11.3%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Haskell Township
+4.8%
Kentucky Township
0.3%
Newcomb Township
-4.5%
Benton
-6.0%
Bauxite Township
-6.6%

Housing Supply in Newcomb Township, AR

How many homes are available in Newcomb Township, AR?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2725-7.4%

Summary: The Newcomb Township real estate market had 25 homes for sale in November 2024, a 7.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1514
-6.7%
4 119
-18.2%
5+ 01
+100.0%

Summary: The Newcomb 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 decreased by 6.7%, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
660.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Newcomb Township, expect to pay close to the asking price. 83.3% of homes here sold near the asking price last month.

Summary: A total of 6 homes were sold or pending in Newcomb Township in November 2024, the same as the previous month. Of the 6 sold homes, 0% were sold under asking, 83% were sold at asking, and 17% were sold over asking.

Days on Market for Newcomb 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 Newcomb Township, AR

Nearby Markets to Newcomb Township, AR

What housing markets are near Newcomb Township, AR?