Is Beaver Township, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Beaver Township is a neutral's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Beaver Township was a Seller's Market.

Key Takeaway

Beaver Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Beaver Township, AR

How much do homes in Beaver Township, AR cost?

Median Sold Price

$278,000

$154/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$74,050(+36.3%)

Key Takeaway

Homes in Beaver Township have sold for 36.3% more than they did a year ago.

Summary: The median home sold price in Beaver Township was $278,000 in March 2024, up 36.3% from last year, and the median price per square foot was $154.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$160K
N/A
2 $159.9K$216.5K
+35.4%
3 $305K$290K
-4.9%
4 $318K$412.4K
+29.7%
5+ -$373.7K
N/A

Summary: Beaver Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 35.4%, 3 bedroom homes decreased by 4.9%, 4 bedroom homes increased by 29.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Beaver Township
+36.3%
Cedar Township
+4.6%
Franklin Township
+0.6%

Housing Supply in Beaver Township, AR

How many homes are available in Beaver Township, AR?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2232+45.5%

Summary: The Beaver Township real estate market had 32 homes for sale in March 2024, a 45.5% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 810
+25.0%
3 1014
+40.0%
4 26
+200.0%
5+ 22
0.0%

Summary: The Beaver Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 40%, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
15+400.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Beaver Township, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Beaver Township in March 2024, up by 400.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.

Days on Market for Beaver Township, AR

How long does it take to sell a home in Beaver Township, AR?

Average Sale Time

Mar 2023Mar 2024CHANGE
143 Days103 Days-27.8%

Summary: Homes in Beaver Township had an average of 103 days on market in Mar 2024, down by 27.8% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Beaver Township has remained consistent over time.

Summary: During March 2024, 5 homes were sold in Beaver Township; 0% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 23 Days Ago

Newest Listings in Beaver Township, AR

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