Is West Fork Township, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, West Fork Township has remained a Seller's Market.
Housing Prices in West Fork Township, AR
How much do homes in West Fork Township, AR cost?
Median Sold Price
$229,000
$168/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in West Fork Township was $229,000 in April 2024, down 5.6% from last year, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $249.5K | $85.8K | -65.6% |
2 Bedrooms | $210K | $187.5K | -10.7% |
3 Bedrooms | $219.9K | $229.9K | +4.5% |
4 Bedrooms | $279K | $305K | +9.3% |
5+ Bedrooms | $408.7K | - | N/A |
Summary: West Fork Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 65.6%, 2 bedroom homes decreased by 10.7%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Greenland Township | $272K | $345K | +26.8% |
West Fork | $225K | $229K | +1.8% |
West Fork Township | $242.5K | $229K | -5.6% |
Housing Supply in West Fork Township, AR
How many homes are available in West Fork Township, AR?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 21 | +5.0% |
Summary: The West Fork Township real estate market had 21 homes for sale in April 2024, a 5.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 6 | 4 | -33.3% |
3 Bedrooms | 12 | 12 | 0.0% |
4 Bedrooms | 0 | 1 | +100.0% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The West Fork Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 4 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in West Fork Township in April 2024, the same as the previous month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for West Fork Township, AR
How long does it take to sell a home in West Fork Township, AR?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
60 Days | 41 Days | -30.7% |
Summary: Homes in West Fork Township had an average of 41 days on market in Apr 2024, down by 30.7% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in West Fork Township; 0% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.