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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Owen Township is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Owen Township was a Buyer's Market.

Key Takeaway

Owen 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 Owen Township, AR

How much do homes in Owen Township, AR cost?

Median Sold Price

$220,000

$155/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$150,000(-40.5%)

Key Takeaway

Homes in Owen Township have sold for 40.5% less than they did a month ago.

Summary: The median home sold price in Owen Township was $220,000 in October 2024, down 40.5% from last month, and the median price per square foot was $155.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $89K-
N/A
3 $299.5K$215K
-28.2%
4 $415K$340K
-18.1%
5+ $550K-
N/A

Summary: Owen 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 decreased by 28.2%, 4 bedroom homes decreased by 18.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Salem Township
+24.8%
Bryant
+1.8%
Bryant Township
-4.2%
Alexander
-24.3%
Owen Township
-40.5%

Housing Supply in Owen Township, AR

How many homes are available in Owen Township, AR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6988+27.5%

Summary: The Owen Township real estate market had 88 homes for sale in October 2024, a 27.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 3347
+42.4%
4 2935
+20.7%
5+ 66
0.0%

Summary: The Owen 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 decreased by 100%, 3 bedroom homes increased by 42.4%, 4 bedroom homes increased by 20.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
915+66.7%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Owen Township, expect to pay close to the asking price. 61.5% of homes here sold near the asking price last month.

Summary: A total of 15 homes were sold or pending in Owen Township in October 2024, up by 66.7% month-over-month. Of the 13 sold homes, 38% were sold under asking, 62% were sold at asking, and 0% were sold over asking.

Days on Market for Owen 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 Owen Township, AR

Nearby Markets to Owen Township, AR

What housing markets are near Owen Township, AR?