$85,000
3.34 Acres
Land
Listing Office: 5R Real Estate LLC
Is West Fork Township, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, West Fork Township has remained a Seller's Market.
Key Takeaway
West Fork Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in West Fork Township, AR
How much do homes in West Fork Township, AR cost?
Median Sold Price
$268,000
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$13,000(+5.1%)
Key Takeaway
Homes in West Fork Township have sold for 5.1% more than they did a year ago.
Summary: The median home sold price in West Fork Township was $268,000 in October 2024, up 5.1% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $172.4K | $67.5K | -60.8% |
| 2 Bedrooms | $204.2K | $175K | -14.3% |
| 3 Bedrooms | $242.4K | $279.9K | +15.4% |
| 4 Bedrooms | $313.5K | $366K | +16.7% |
| 5+ Bedrooms | $397.5K | $207.5K | -47.8% |
Summary: West Fork Township housing prices by bedroom type for October 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 15.4%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 47.8%.
Median Sold Price Compared To Nearby Cities
| Greenland Township | $269K | $302.5K | +12.5% |
| West Fork | $250K | $268K | +7.2% |
| West Fork Township | $255K | $268K | +5.1% |
Housing Supply in West Fork Township, AR
How many homes are available in West Fork Township, AR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 35 | 38 | +8.6% |
Summary: The West Fork Township real estate market had 38 homes for sale in October 2024, a 8.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 6 | -14.3% |
| 3 Bedrooms | 17 | 21 | +23.5% |
| 4 Bedrooms | 8 | 6 | -25.0% |
| 5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The West Fork 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 14.3%, 3 bedroom homes increased by 23.5%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 9 | +125.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
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 9 homes were sold or pending in West Fork Township in October 2024, up by 125.0% month-over-month. Of the 9 sold homes, 67% were sold under asking, 11% were sold at asking, and 22% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 74 Days | 67 Days | -8.8% |
Summary: Homes in West Fork Township had an average of 67 days on market in Oct 2024, down by 8.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in West Fork Township has remained consistent over time.
Summary: During October 2024, 9 homes were sold in West Fork Township; 11% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
Disclaimer: IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright © 2024 Northwest Arkansas Board of Realtors All rights reserved.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Cooperative Arkansas REALTORS® Multiple Listing Services, Inc. Real estate listings, held by brokerage firms other than this broker, are marked with the Broker Reciprocity℠ logo and information about them includes the name of the listing brokers. The IDX information is provided exclusively for consumers’ personal, non-commercial use that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2024 Cooperative Arkansas Realtors MLS. All Rights Reserved.