Is Rock Creek, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rock Creek is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Rock Creek was a Seller's Market.

Key Takeaway

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

Housing Prices in Rock Creek, AR

How much do homes in Rock Creek, AR cost?

Median Sold Price

$290,000

$127/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$24,000(-7.6%)

Key Takeaway

Homes in Rock Creek have sold for 7.6% less than they did a month ago.

Summary: The median home sold price in Rock Creek was $290,000 in October 2024, down 7.6% from last month, and the median price per square foot was $127.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $299.5K-
N/A
3 $259.5K$270K
+4.0%
4 $412K$291.5K
-29.2%
5+ $473.5K-
N/A

Summary: Rock Creek 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 4%, 4 bedroom homes decreased by 29.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Parkway Place
+1.6%
Rock Creek
-7.6%

Housing Supply in Rock Creek, AR

How many homes are available in Rock Creek, AR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3742+13.5%

Summary: The Rock Creek real estate market had 42 homes for sale in October 2024, a 13.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 31
-66.7%
3 1220
+66.7%
4 1920
+5.3%
5+ 31
-66.7%

Summary: The Rock Creek 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 66.7%, 3 bedroom homes increased by 66.7%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes decreased by 66.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
95-44.4%

Asking Price vs. Sold Price

4 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 Rock Creek, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Rock Creek in October 2024, down by 44.4% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.

Days on Market for Rock Creek, 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 21 Days Ago

Newest Listings in Rock Creek, AR

Nearby Markets to Rock Creek, AR