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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Clark Township is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Clark Township was a Neutral Market.

Key Takeaway

Clark Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Clark Township, AR

How much do homes in Clark Township, AR cost?

Median Sold Price

$193,000

$131/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$48,050(+33.1%)

Key Takeaway

Homes in Clark Township have sold for 33.1% more than they did a month ago.

Summary: The median home sold price in Clark Township was $193,000 in March 2024, up 33.1% from last month, and the median price per square foot was $131.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 $63K$77.5K
+23.0%
3 $144.9K$192.7K
+33.0%
4 $198.9K$315K
+58.3%
5+ $271K$326K
+20.3%

Summary: Clark 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 increased by 23%, 3 bedroom homes increased by 33%, 4 bedroom homes increased by 58.3%, and 5+ bedroom homes increased by 20.3%.

Median Sold Price Compared To Nearby Cities

Clark Township
+33.1%
Spring Grove Township
+2.9%
Paragould
+2.7%

Housing Supply in Clark Township, AR

How many homes are available in Clark Township, AR?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
97103+6.2%

Summary: The Clark Township real estate market had 103 homes for sale in March 2024, a 6.2% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 1213
+8.3%
3 5864
+10.3%
4 2424
0.0%
5+ 32
-33.3%

Summary: The Clark 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 8.3%, 3 bedroom homes increased by 10.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1626+62.5%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Clark Township, you may be able to get a good deal. 64% of homes here sold below asking price last month.

Summary: A total of 26 homes were sold or pending in Clark Township in March 2024, up by 62.5% month-over-month. Of the 25 sold homes, 64% were sold under asking, 20% were sold at asking, and 16% were sold over asking.

Days on Market for Clark Township, AR

We’re sorry, we don't have information for this market at the moment

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

Report Updated 28 Days Ago

Newest Listings in Clark Township, AR

Nearby Markets to Clark Township, AR

What housing markets are near Clark Township, AR?