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

$221,012

$149/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$212(+0.1%)

Key Takeaway

The sold price of homes in Newcomb Township has remained the same since last month.

Summary: The median home sold price in Newcomb Township was $221,012 in October 2024, up 0.1% from last month, and the median price per square foot was $149.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $209.9K$231.7K
+10.4%
4 $221.4K$217.1K
-2.0%
5+ --
N/A

Summary: Newcomb Township housing prices by bedroom type for October 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 increased by 10.4%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Bauxite Township
+5.3%
Newcomb Township
0.1%
Haskell Township
-5.7%
Kentucky Township
-12.3%

Housing Supply in Newcomb Township, AR

How many homes are available in Newcomb Township, AR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2728+3.7%

Summary: The Newcomb Township real estate market had 28 homes for sale in October 2024, a 3.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1417
+21.4%
4 119
-18.2%
5+ 11
0.0%

Summary: The Newcomb 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 remained the same, 3 bedroom homes increased by 21.4%, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
76-14.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

4 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. 66.7% of homes here sold near the asking price last month.

Summary: A total of 6 homes were sold or pending in Newcomb Township in October 2024, down by 14.3% month-over-month. Of the 6 sold homes, 17% were sold under asking, 67% 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 16 Days Ago

Newest Listings in Newcomb Township, AR

Nearby Markets to Newcomb Township, AR

What housing markets are near Newcomb Township, AR?