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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Willis Township is a buyer's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

Willis Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Willis Township, AR

How much do homes in Willis Township, AR cost?

Median Sold Price

$224,900

$149/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$39,900(+21.6%)

Key Takeaway

Homes in Willis Township have sold for 21.6% more than they did a month ago.

Summary: The median home sold price in Willis Township was $224,900 in November 2024, up 21.6% from last month, and the median price per square foot was $149.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $103.2K-
N/A
3 $189.5K$224.9K
+18.7%
4 $310K-
N/A
5+ --
N/A

Summary: Willis Township housing prices by bedroom type for November 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 increased by 18.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Trumann
+28.5%
Willis Township
+21.6%

Housing Supply in Willis Township, AR

How many homes are available in Willis Township, AR?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4332-25.6%

Summary: The Willis Township real estate market had 32 homes for sale in November 2024, a 25.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 86
-25.0%
3 2922
-24.1%
4 64
-33.3%
5+ 00
0.0%

Summary: The Willis 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 25%, 3 bedroom homes decreased by 24.1%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
111-90.9%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Willis Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Willis Township in November 2024, down by 90.9% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Willis 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 18 Days Ago

Newest Listings in Willis Township, AR

Nearby Markets to Willis Township, AR

What housing markets are near Willis Township, AR?