$10,000 Closing Credit*
$1,099,999
2,218 SqFt
4 Beds
•2 Full Baths, 1 Partial
#24045352, Amber Bowers, Listing Office: McGraw Realtors - HS
Is Royal Township, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Royal Township was a Neutral Market.
Key Takeaway
Royal Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Royal Township, AR
How much do homes in Royal Township, AR cost?
Median Sold Price
$290,000
$161/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$56,550(+24.2%)
Key Takeaway
Homes in Royal Township have sold for 24.2% more than they did a month ago.
Summary: The median home sold price in Royal Township was $290,000 in November 2024, up 24.2% from last month, and the median price per square foot was $161.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $219.9K | $268K | +21.9% |
| 4 Bedrooms | $292.5K | $290K | -0.9% |
| 5+ Bedrooms | - | $291K | N/A |
Summary: Royal Township housing prices by bedroom type for November 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 21.9%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Royal Township | $233.4K | $290K | +24.2% |
| Ward Township | $203.5K | $206.5K | +1.5% |
Housing Supply in Royal Township, AR
How many homes are available in Royal Township, AR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 26 | 24 | -7.7% |
Summary: The Royal Township real estate market had 24 homes for sale in November 2024, a 7.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 15 | 13 | -13.3% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Royal Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 13.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Royal Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Royal Township in November 2024, down by 25.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Royal Township, AR
We’re sorry, we don't have information for this market at the moment
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Cooperative Arkansas REALTORS® Multiple Listing Services, Inc. Real estate listings, held by brokerage firms other than this broker, are marked with the Broker Reciprocity℠ logo and information about them includes the name of the listing brokers. The IDX information is provided exclusively for consumers’ personal, non-commercial use that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2024 Cooperative Arkansas Realtors MLS. All Rights Reserved.