Is Gilkerson 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, Gilkerson Township has remained a Seller's Market.
Key Takeaway
Gilkerson Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Gilkerson Township, AR
How much do homes in Gilkerson Township, AR cost?
Median Sold Price
$294,250
$131/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Gilkerson Township have sold for 14.1% less than they did a month ago.
Summary: The median home sold price in Gilkerson Township was $294,250 in April 2024, down 14.1% from last month, and the median price per square foot was $131.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $35K | - | N/A |
| 3 Bedrooms | $290K | $171.7K | -40.8% |
| 4 Bedrooms | $340K | $362.5K | +6.6% |
| 5+ Bedrooms | $549.8K | - | N/A |
Summary: Gilkerson Township 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 did not change, 3 bedroom homes decreased by 40.8%, 4 bedroom homes increased by 6.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Jonesboro Township | $222.4K | $228K | +2.5% |
| Jonesboro | $225.9K | $228K | +0.9% |
| Gilkerson Township | $342.5K | $294.2K | -14.1% |
| Greenfield Township | $175K | $150K | -14.3% |
Housing Supply in Gilkerson Township, AR
How many homes are available in Gilkerson Township, AR?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 35 | 32 | -8.6% |
Summary: The Gilkerson Township real estate market had 32 homes for sale in April 2024, a 8.6% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 6 | 9 | +50.0% |
| 4 Bedrooms | 17 | 14 | -17.6% |
| 5+ Bedrooms | 11 | 8 | -27.3% |
Summary: The Gilkerson Township 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 remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 17.6%, and 5+ bedroom homes decreased by 27.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 9 | 7 | -22.2% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Gilkerson Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Gilkerson Township in April 2024, down by 22.2% month-over-month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.
Days on Market for Gilkerson Township, AR
We’re sorry, we don't have information for this market at the moment
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Cooperative Arkansas REALTORS® Multiple Listing Services, Inc. Real estate listings, held by brokerage firms other than this broker, are marked with the Broker Reciprocity℠ logo and information about them includes the name of the listing brokers. The IDX information is provided exclusively for consumers’ personal, non-commercial use that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2024 Cooperative Arkansas Realtors MLS. All Rights Reserved.