Is Mammoth Spring, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Mammoth Spring was a Neutral Market.
Housing Prices in Mammoth Spring, AR
How much do homes in Mammoth Spring, AR cost?
Median Sold Price
$128,000
$70/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Mammoth Spring was $128,000 in April 2024, up 48.8% from last month, and the median price per square foot was $70.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $49K | $128K | +161.2% |
3 Bedrooms | $158.5K | $55K | -65.3% |
4 Bedrooms | $55K | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Mammoth Spring housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 161.2%, 3 bedroom homes decreased by 65.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Mammoth Spring | $86K | $128K | +48.8% |
Mammoth Spring Township | $86K | $128K | +48.8% |
Thayer | $244K | $138.7K | -43.2% |
Thayer Township | $244K | $138.7K | -43.2% |
Housing Supply in Mammoth Spring, AR
How many homes are available in Mammoth Spring, AR?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
24 | 22 | -8.3% |
Summary: The Mammoth Spring real estate market had 22 homes for sale in April 2024, a 8.3% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 7 | 6 | -14.3% |
3 Bedrooms | 9 | 9 | 0.0% |
4 Bedrooms | 7 | 6 | -14.3% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Mammoth Spring 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 decreased by 14.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 3 | -25.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Mammoth Spring in April 2024, down by 25.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Mammoth Spring, AR
How long does it take to sell a home in Mammoth Spring, AR?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
85 Days | 12 Days | -85.9% |
Summary: Homes in Mammoth Spring had an average of 12 days on market in Apr 2024, down by 85.9% compared to last month.
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, 3 homes were sold in Mammoth Spring; 33% 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.