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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ruddell Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Ruddell Township has remained a Seller's Market.

Key Takeaway

Ruddell Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Ruddell Township, AR

How much do homes in Ruddell Township, AR cost?

Median Sold Price

$161,375

$107/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$27,875(+20.9%)

Key Takeaway

Homes in Ruddell Township have sold for 20.9% more than they did a month ago.

Summary: The median home sold price in Ruddell Township was $161,375 in November 2024, up 20.9% from last month, and the median price per square foot was $107.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $64.5K$137.7K
+113.6%
3 $162K$158.5K
-2.2%
4 $115K-
N/A
5+ -$200K
N/A

Summary: Ruddell 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 increased by 113.6%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Ruddell Township
+20.9%
McHue Township
+13.8%
Batesville
-0.7%
Moorefield Township
-3.9%

Housing Supply in Ruddell Township, AR

How many homes are available in Ruddell Township, AR?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2620-23.1%

Summary: The Ruddell Township real estate market had 20 homes for sale in November 2024, a 23.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 42
-50.0%
3 1510
-33.3%
4 23
+50.0%
5+ 44
0.0%

Summary: The Ruddell 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 decreased by 50%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
770.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ruddell Township, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Ruddell Township in November 2024, the same as the previous month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for Ruddell 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 18 Days Ago

Newest Listings in Ruddell Township, AR

Nearby Markets to Ruddell Township, AR