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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Searcy Township is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Searcy Township, AR

How much do homes in Searcy Township, AR cost?

Median Sold Price

$188,000

$123/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$29,750(-13.7%)

Key Takeaway

Homes in Searcy Township have sold for 13.7% less than they did a month ago.

Summary: The median home sold price in Searcy Township was $188,000 in November 2024, down 13.7% from last month, and the median price per square foot was $123.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $93.5K$158.7K
+69.8%
3 $196K$195K
-0.5%
4 $276.4K$330K
+19.4%
5+ $261.5K$815K
+211.7%

Summary: Searcy 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 69.8%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes increased by 19.4%, and 5+ bedroom homes increased by 211.7%.

Median Sold Price Compared To Nearby Cities

Wynne
+3.2%
Wynne Township
+3.2%
Searcy Township
-13.7%

Housing Supply in Searcy Township, AR

How many homes are available in Searcy Township, AR?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
140129-7.9%

Summary: The Searcy Township real estate market had 129 homes for sale in November 2024, a 7.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 1614
-12.5%
3 6868
0.0%
4 4838
-20.8%
5+ 78
+14.3%

Summary: The Searcy 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 12.5%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 20.8%, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4029-27.5%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Searcy Township, you may be able to get a good deal. 63% of homes here sold below asking price last month.

Summary: A total of 29 homes were sold or pending in Searcy Township in November 2024, down by 27.5% month-over-month. Of the 27 sold homes, 63% were sold under asking, 33% were sold at asking, and 4% were sold over asking.

Days on Market for Searcy 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 Searcy Township, AR

Nearby Markets to Searcy Township, AR