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

Last month, Ruddell Township was a Neutral 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

$133,500

$87/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$29,050(+27.8%)

Key Takeaway

Homes in Ruddell Township have sold for 27.8% more than they did a month ago.

Summary: The median home sold price in Ruddell Township was $133,500 in October 2024, up 27.8% from last month, and the median price per square foot was $87.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $91K$64.5K
-29.1%
3 $108.9K$162K
+48.8%
4 -$115K
N/A
5+ --
N/A

Summary: Ruddell 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 decreased by 29.1%, 3 bedroom homes increased by 48.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Moorefield Township
+35.7%
Batesville
+31.8%
Ruddell Township
+27.8%

Housing Supply in Ruddell Township, AR

How many homes are available in Ruddell Township, AR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
25250.0%

Summary: The Ruddell Township real estate market had 25 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 44
0.0%
3 1615
-6.3%
4 11
0.0%
5+ 34
+33.3%

Summary: The Ruddell 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 decreased by 6.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
47+75.0%

Asking Price vs. Sold Price

6 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. 85.7% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Ruddell Township in October 2024, up by 75.0% month-over-month. Of the 7 sold homes, 86% were sold under asking, 0% were sold at asking, and 14% 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 17 Days Ago

Newest Listings in Ruddell Township, AR

Nearby Markets to Ruddell Township, AR