$5,332 Closing Credit*
$449,000
2,742 SqFt
4 Beds
•2 Full Baths, 1 Partial
#24030166, Erika Franklin, Listing Office: Lux Real Estate Group
Is Scott Township, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Scott Township has remained a Seller's Market.
Key Takeaway
Scott Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Scott Township, AR
How much do homes in Scott Township, AR cost?
Median Sold Price
$380,000
$175/sqft
Based on all homes sold in August 2024.
Difference Since Last Month
+$33,500(+9.7%)
Key Takeaway
Homes in Scott Township have sold for 9.7% more than they did a month ago.
Summary: The median home sold price in Scott Township was $380,000 in August 2024, up 9.7% from last month, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $348K | $345K | -0.8% |
| 4 Bedrooms | $345K | $425K | +23.2% |
| 5+ Bedrooms | - | - | N/A |
Summary: Scott Township housing prices by bedroom type for August 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 0.8%, 4 bedroom homes increased by 23.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Carlisle Township | $175K | $214K | +22.3% |
| Lonoke Township | $186K | $210K | +12.9% |
| Scott Township | $346.5K | $380K | +9.7% |
Housing Supply in Scott Township, AR
How many homes are available in Scott Township, AR?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 11 | 15 | +36.4% |
Summary: The Scott Township real estate market had 15 homes for sale in August 2024, a 36.4% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 6 | 9 | +50.0% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Scott Township housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Scott Township, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Scott Township in August 2024, up by 150.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% were sold over asking.
Days on Market for Scott 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.