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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Spring Township is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Spring Township was a Seller's Market.

Key Takeaway

Spring Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Spring Township, AR

How much do homes in Spring Township, AR cost?

Median Sold Price

$254,000

$120/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$34,000(+15.5%)

Key Takeaway

Homes in Spring Township have sold for 15.5% more than they did a month ago.

Summary: The median home sold price in Spring Township was $254,000 in December 2024, up 15.5% from last month, and the median price per square foot was $120.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 $75K$254K
+238.7%
4 --
N/A
5+ $365K-
N/A

Summary: Spring Township housing prices by bedroom type for December 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 increased by 238.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Niven Township
+110.8%
Washington Township
+30.4%
Spring Township
+15.5%

Housing Supply in Spring Township, AR

How many homes are available in Spring Township, AR?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
78+14.3%

Summary: The Spring Township real estate market had 8 homes for sale in December 2024, a 14.3% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 00
0.0%
3 45
+25.0%
4 22
0.0%
5+ 11
0.0%

Summary: The Spring Township housing inventory by bedroom type for December 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 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer100%

Key Takeaway

If you're buying a home in Spring Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Spring Township in December 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Spring 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 11 Days Ago

Newest Listings in Spring Township, AR

Nearby Markets to Spring Township, AR

What housing markets are near Spring Township, AR?