Is Big Rock 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, Big Rock Township has remained a Seller's Market.
Housing Prices in Big Rock Township, AR
How much do homes in Big Rock Township, AR cost?
Median Sold Price
$242,500
$135/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Summary: The median home sold price in Big Rock Township was $242,500 in March 2024, up 3.2% from last month, and the median price per square foot was $135.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $154K | N/A |
2 Bedrooms | $122K | $112.5K | -7.8% |
3 Bedrooms | $210K | $204K | -2.9% |
4 Bedrooms | $385K | $410K | +6.5% |
5+ Bedrooms | $644.9K | $492K | -23.7% |
Summary: Big Rock Township housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 7.8%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes decreased by 23.7%.
Median Sold Price Compared To Nearby Cities
Maumelle | $270K | $320K | +18.5% |
Big Rock Township | $235K | $242.5K | +3.2% |
Little Rock | $235K | $239.9K | +2.1% |
Owen Township | $340K | $270K | -20.6% |
Housing Supply in Big Rock Township, AR
How many homes are available in Big Rock Township, AR?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
830 | 963 | +16.0% |
Summary: The Big Rock Township real estate market had 963 homes for sale in March 2024, a 16.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 14 | 15 | +7.1% |
2 Bedrooms | 115 | 136 | +18.3% |
3 Bedrooms | 421 | 475 | +12.8% |
4 Bedrooms | 229 | 273 | +19.2% |
5+ Bedrooms | 51 | 64 | +25.5% |
Summary: The Big Rock Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 7.1%, 2 bedroom homes increased by 18.3%, 3 bedroom homes increased by 12.8%, 4 bedroom homes increased by 19.2%, and 5+ bedroom homes increased by 25.5%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
167 | 225 | +34.7% |
Asking Price vs. Sold Price
108 Homes Were Sold
Under Asking
66 Homes Were Sold
At Asking
34 Homes Were Sold
Over Asking
Summary: A total of 225 homes were sold or pending in Big Rock Township in March 2024, up by 34.7% month-over-month. Of the 208 sold homes, 52% were sold under asking, 32% were sold at asking, and 16% were sold over asking.
Days on Market for Big Rock Township, AR
How long does it take to sell a home in Big Rock Township, AR?
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 225 homes were sold in Big Rock Township; 0% 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.