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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Van Buren Township is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Van Buren Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Van Buren Township, AR

How much do homes in Van Buren Township, AR cost?

Median Sold Price

$212,700

$138/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$40,300(-15.9%)

Key Takeaway

Homes in Van Buren Township have sold for 15.9% less than they did a year ago.

Summary: The median home sold price in Van Buren Township was $212,700 in November 2024, down 15.9% from last year, and the median price per square foot was $138.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $139K$150K
+7.9%
3 $230K$198.3K
-13.8%
4 $353.5K$261.5K
-26.0%
5+ $442K$325K
-26.5%

Summary: Van Buren Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.9%, 3 bedroom homes decreased by 13.8%, 4 bedroom homes decreased by 26%, and 5+ bedroom homes decreased by 26.5%.

Housing Supply in Van Buren Township, AR

How many homes are available in Van Buren Township, AR?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2119-9.5%

Summary: The Van Buren Township real estate market had 19 homes for sale in November 2024, a 9.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 1210
-16.7%
4 77
0.0%
5+ 10
-100.0%

Summary: The Van Buren 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 increased by 100%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
74-42.9%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Van Buren Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Van Buren Township in November 2024, down by 42.9% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Van Buren Township, AR

How long does it take to sell a home in Van Buren Township, AR?

Average Sale Time

Nov 2023Nov 2024CHANGE
54 Days116 Days+114.8%

Summary: Homes in Van Buren Township had an average of 116 days on market in Nov 2024, up by 114.8% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Van Buren Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 4 homes were sold in Van Buren Township; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

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