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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Omaha Township is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Omaha Township was a Seller's Market.

Key Takeaway

Omaha Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Omaha Township, AR

How much do homes in Omaha Township, AR cost?

Median Sold Price

$266,000

$146/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$25,500(-8.7%)

Key Takeaway

Homes in Omaha Township have sold for 8.7% less than they did a year ago.

Summary: The median home sold price in Omaha Township was $266,000 in October 2024, down 8.7% from last year, and the median price per square foot was $146.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $132.5K$206K
+55.5%
2 $225K$199.9K
-11.2%
3 $330K$205K
-37.9%
4 $300K$625K
+108.3%
5+ $937.4K$512.5K
-45.3%

Summary: Omaha Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 55.5%, 2 bedroom homes decreased by 11.2%, 3 bedroom homes decreased by 37.9%, 4 bedroom homes increased by 108.3%, and 5+ bedroom homes decreased by 45.3%.

Median Sold Price Compared To Nearby Cities

Sugar Loaf Township
+20.1%
Omaha Township
-8.7%
Omaha
-8.7%

Housing Supply in Omaha Township, AR

How many homes are available in Omaha Township, AR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1210-16.7%

Summary: The Omaha Township real estate market had 10 homes for sale in October 2024, a 16.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 00
0.0%
3 33
0.0%
4 75
-28.6%
5+ 00
0.0%

Summary: The Omaha 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 decreased by 28.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

0 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 Omaha Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Omaha Township in October 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Omaha Township, AR

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

Average Sale Time

Oct 2023Oct 2024CHANGE
64 Days70 Days+8.1%

Summary: Homes in Omaha Township had an average of 70 days on market in Oct 2024, up by 8.1% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 1 homes were sold in Omaha Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 20 Days Ago

Newest Listings in Omaha Township, AR

Nearby Markets to Omaha Township, AR

What housing markets are near Omaha Township, AR?