Is Elm Springs Township, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Elm Springs Township was a Seller's Market.
Housing Prices in Elm Springs Township, AR
How much do homes in Elm Springs Township, AR cost?
Median Sold Price
$621,550
$204/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Elm Springs Township was $621,550 in April 2024, down 2.1% from last year, and the median price per square foot was $204.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $211K | $160K | -24.2% |
3 Bedrooms | $355K | $425K | +19.7% |
4 Bedrooms | $717.5K | $640K | -10.8% |
5+ Bedrooms | $699.9K | $749.5K | +7.1% |
Summary: Elm Springs Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 24.2%, 3 bedroom homes increased by 19.7%, 4 bedroom homes decreased by 10.8%, and 5+ bedroom homes increased by 7.1%.
Median Sold Price Compared To Nearby Cities
Springdale | $290K | $322.3K | +11.2% |
Elm Springs | $650K | $637.5K | -1.9% |
Elm Springs Township | $635K | $621.5K | -2.1% |
Tontitown | $485K | $472.5K | -2.6% |
Tontitown Township | $483.5K | $469.9K | -2.8% |
Housing Supply in Elm Springs Township, AR
How many homes are available in Elm Springs Township, AR?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
15 | 15 | 0.0% |
Summary: The Elm Springs Township real estate market had 15 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 4 | 3 | -25.0% |
4 Bedrooms | 7 | 8 | +14.3% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Elm Springs Township housing inventory by bedroom type for April 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 25%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 1 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Elm Springs Township in April 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Elm Springs Township, AR
How long does it take to sell a home in Elm Springs Township, AR?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
69 Days | 14 Days | -79.8% |
Summary: Homes in Elm Springs Township had an average of 14 days on market in Apr 2024, down by 79.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 1 homes were sold in Elm Springs Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.