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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ward Township is a neutral's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

Ward Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Ward Township, AR

How much do homes in Ward Township, AR cost?

Median Sold Price

$187,000

$148/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$15,000(-7.4%)

Key Takeaway

Homes in Ward Township have sold for 7.4% less than they did a month ago.

Summary: The median home sold price in Ward Township was $187,000 in October 2024, down 7.4% from last month, and the median price per square foot was $148.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $175K-
N/A
3 $223K$177K
-20.6%
4 $195K$406.5K
+108.5%
5+ $448K-
N/A

Summary: Ward 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 20.6%, 4 bedroom homes increased by 108.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Lamar Township
+400.0%
Ward Township
-7.4%

Housing Supply in Ward Township, AR

How many homes are available in Ward Township, AR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6360-4.8%

Summary: The Ward Township real estate market had 60 homes for sale in October 2024, a 4.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 4242
0.0%
4 1817
-5.6%
5+ 10
-100.0%

Summary: The Ward 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 decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1510-33.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ward Township, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Ward Township in October 2024, down by 33.3% month-over-month. Of the 9 sold homes, 44% were sold under asking, 44% were sold at asking, and 11% were sold over asking.

Days on Market for Ward 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 21 Days Ago

Newest Listings in Ward Township, AR

Nearby Markets to Ward Township, AR