Is Magness Township, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Magness Township has remained a Seller's Market.
Housing Prices in Magness Township, AR
How much do homes in Magness Township, AR cost?
Median Sold Price
$415,000
$155/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Magness Township was $415,000 in May 2024, up 46.9% from last month, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $249.9K | $341.2K | +36.6% |
4 Bedrooms | $317.5K | $428.5K | +35.0% |
5+ Bedrooms | $675K | $710K | +5.2% |
Summary: Magness Township housing prices by bedroom type for May 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 36.6%, 4 bedroom homes increased by 35%, and 5+ bedroom homes increased by 5.2%.
Median Sold Price Compared To Nearby Cities
Magness Township | $282.5K | $415K | +46.9% |
Austin | $245K | $251K | +2.4% |
Royal Township | $427K | $325K | -23.9% |
Housing Supply in Magness Township, AR
How many homes are available in Magness Township, AR?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
53 | 54 | +1.9% |
Summary: The Magness Township real estate market had 54 homes for sale in May 2024, a 1.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 18 | 16 | -11.1% |
4 Bedrooms | 30 | 32 | +6.7% |
5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Magness Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 11.1%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
10 | 17 | +70.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in Magness Township in May 2024, up by 70.0% month-over-month. Of the 17 sold homes, 53% were sold under asking, 29% were sold at asking, and 18% were sold over asking.
Days on Market for Magness Township, AR
We’re sorry, we don't have information for this market at the moment