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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Fork Township is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, West Fork Township was a Seller's Market.

Key Takeaway

West Fork 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 West Fork Township, AR

How much do homes in West Fork Township, AR cost?

Median Sold Price

$279,900

$179/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$36,400(+14.9%)

Key Takeaway

Homes in West Fork Township have sold for 14.9% more than they did a year ago.

Summary: The median home sold price in West Fork Township was $279,900 in November 2024, up 14.9% from last year, and the median price per square foot was $179.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $172.4K$67.5K
-60.8%
2 $204.2K$175K
-14.3%
3 $228.6K$273.9K
+19.8%
4 $287.5K$470K
+63.5%
5+ $397.5K$280K
-29.6%

Summary: West Fork Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 60.8%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 19.8%, 4 bedroom homes increased by 63.5%, and 5+ bedroom homes decreased by 29.6%.

Median Sold Price Compared To Nearby Cities

West Fork
+18.2%
West Fork Township
+14.9%
Greenland Township
+7.9%

Housing Supply in West Fork Township, AR

How many homes are available in West Fork Township, AR?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3836-5.3%

Summary: The West Fork Township real estate market had 36 homes for sale in November 2024, a 5.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 54
-20.0%
3 2120
-4.8%
4 77
0.0%
5+ 55
0.0%

Summary: The West Fork 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 20%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
96-33.3%

Asking Price vs. Sold Price

4 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 West Fork 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 6 homes were sold or pending in West Fork Township in November 2024, down by 33.3% month-over-month. Of the 6 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for West Fork Township, AR

How long does it take to sell a home in West Fork Township, AR?

Average Sale Time

Nov 2023Nov 2024CHANGE
98 Days93 Days-4.4%

Summary: Homes in West Fork Township had an average of 93 days on market in Nov 2024, down by 4.4% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in West Fork Township has remained consistent over time.

Summary: During November 2024, 6 homes were sold in West Fork Township; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% 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

Newest Listings in West Fork Township, AR

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