Is Wooster, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wooster is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Wooster was a Buyer's Market.

Key Takeaway

Wooster is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Wooster, AR

How much do homes in Wooster, AR cost?

Median Sold Price

$298,900

$170/sqft

Based on all homes sold in August 2024.

Difference Since Last Month

-$4,100(-1.4%)

Key Takeaway

Homes in Wooster have sold for 1.4% less than they did a month ago.

Summary: The median home sold price in Wooster was $298,900 in August 2024, down 1.4% from last month, and the median price per square foot was $170.

Median Sold Price By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 --
N/A
2 --
N/A
3 $303K-
N/A
4 -$298.9K
N/A
5+ --
N/A

Summary: Wooster housing prices by bedroom type for August 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Wooster
-1.4%
Clifton Township
-23.2%

Housing Supply in Wooster, AR

How many homes are available in Wooster, AR?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
1216+33.3%

Summary: The Wooster real estate market had 16 homes for sale in August 2024, a 33.3% increase compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 00
0.0%
2 00
0.0%
3 45
+25.0%
4 811
+37.5%
5+ 00
0.0%

Summary: The Wooster housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wooster, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in Wooster in August 2024, up by 200.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Wooster, 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 16 Days Ago

Newest Listings in Wooster, AR

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