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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Oak Grove Township is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Oak Grove Township was a Seller's Market.

Key Takeaway

Oak Grove 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 Oak Grove Township, AR

How much do homes in Oak Grove Township, AR cost?

Median Sold Price

$536,000

$169/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$32,500(+6.5%)

Key Takeaway

Homes in Oak Grove Township have sold for 6.5% more than they did a month ago.

Summary: The median home sold price in Oak Grove Township was $536,000 in October 2024, up 6.5% from last month, and the median price per square foot was $169.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $215.5K$585K
+171.5%
4 $503.5K$225K
-55.3%
5+ $630K-
N/A

Summary: Oak Grove 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 171.5%, 4 bedroom homes decreased by 55.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

York Township
+10.1%
Oak Grove Township
+6.5%
Caroline Township
-2.4%

Housing Supply in Oak Grove Township, AR

How many homes are available in Oak Grove Township, AR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2325+8.7%

Summary: The Oak Grove Township real estate market had 25 homes for sale in October 2024, a 8.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 99
0.0%
4 1213
+8.3%
5+ 23
+50.0%

Summary: The Oak Grove 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 remained the same, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
54-20.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Oak Grove Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Oak Grove Township in October 2024, down by 20.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Oak Grove 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 Oak Grove Township, AR

Nearby Markets to Oak Grove Township, AR

What housing markets are near Oak Grove Township, AR?