$4,441 Closing Credit*
$374,000
1,862 SqFt
3 Beds
•2 Full Baths, 1 Partial
Listing Office: D.R. Horton
Is Wheeler Township, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Wheeler Township was a Buyer's Market.
Key Takeaway
Wheeler Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Wheeler Township, AR
How much do homes in Wheeler Township, AR cost?
Median Sold Price
$455,000
$206/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$39,255(-7.9%)
Key Takeaway
Homes in Wheeler Township have sold for 7.9% less than they did a year ago.
Summary: The median home sold price in Wheeler Township was $455,000 in October 2024, down 7.9% from last year, and the median price per square foot was $206.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $230K | $277.5K | +20.7% |
| 3 Bedrooms | $437.8K | $321K | -26.7% |
| 4 Bedrooms | $495.2K | $500.2K | +1.0% |
| 5+ Bedrooms | $549.4K | $975K | +77.4% |
Summary: Wheeler Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 20.7%, 3 bedroom homes decreased by 26.7%, 4 bedroom homes increased by 1%, and 5+ bedroom homes increased by 77.4%.
Median Sold Price Compared To Nearby Cities
| Tontitown Township | $488K | $469.9K | -3.7% |
| Tontitown | $488K | $470K | -3.7% |
| Wheeler Township | $494.2K | $455K | -7.9% |
Housing Supply in Wheeler Township, AR
How many homes are available in Wheeler Township, AR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 22 | 22 | 0.0% |
Summary: The Wheeler Township real estate market had 22 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 5 | 7 | +40.0% |
| 4 Bedrooms | 8 | 7 | -12.5% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Wheeler Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 40%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wheeler Township, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.
Summary: A total of 5 homes were sold or pending in Wheeler Township in October 2024, the same as the previous month. Of the 5 sold homes, 20% were sold under asking, 40% were sold at asking, and 40% were sold over asking.
Days on Market for Wheeler Township, AR
How long does it take to sell a home in Wheeler Township, AR?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 198 Days | 77 Days | -60.9% |
Summary: Homes in Wheeler Township had an average of 77 days on market in Oct 2024, down by 60.9% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Wheeler Township has remained consistent over time.
Summary: During October 2024, 5 homes were sold in Wheeler Township; 0% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 40% 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.