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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Spring Grove Township is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Spring Grove Township, AR

How much do homes in Spring Grove Township, AR cost?

Median Sold Price

$150,000

$118/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$55,000(-26.8%)

Key Takeaway

Homes in Spring Grove Township have sold for 26.8% less than they did a month ago.

Summary: The median home sold price in Spring Grove Township was $150,000 in October 2024, down 26.8% from last month, and the median price per square foot was $118.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $205K$138.5K
-32.4%
4 -$324.9K
N/A
5+ --
N/A

Summary: Spring Grove 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 did not change, 3 bedroom homes decreased by 32.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Clark Township
+21.6%
Saint Francis Township
+13.8%
Paragould
+3.0%
Spring Grove Township
-26.8%

Housing Supply in Spring Grove Township, AR

How many homes are available in Spring Grove Township, AR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3738+2.7%

Summary: The Spring Grove Township real estate market had 38 homes for sale in October 2024, a 2.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 2927
-6.9%
4 710
+42.9%
5+ 00
0.0%

Summary: The Spring Grove 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 6.9%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
79+28.6%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Spring Grove Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Spring Grove Township in October 2024, up by 28.6% month-over-month. Of the 9 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Spring Grove 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 Spring Grove Township, AR

Nearby Markets to Spring Grove Township, AR

What housing markets are near Spring Grove Township, AR?