Is Goshen, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Goshen has remained a Seller's Market.
Housing Prices in Goshen, AR
How much do homes in Goshen, AR cost?
Median Sold Price
$725,000
$212/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Goshen was $725,000 in March 2024, up 57.6% from last year, and the median price per square foot was $212.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $152.2K | - | N/A |
3 Bedrooms | $320K | $420K | +31.3% |
4 Bedrooms | $692K | $743K | +7.4% |
5+ Bedrooms | $807K | $950K | +17.7% |
Summary: Goshen 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 did not change, 3 bedroom homes increased by 31.3%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes increased by 17.7%.
Median Sold Price Compared To Nearby Cities
Goshen | $460K | $725K | +57.6% |
Goshen Township | $460K | $725K | +57.6% |
Prairie Township | $599.9K | $643K | +7.2% |
Elkins | $250K | $260K | +4.0% |
Housing Supply in Goshen, AR
How many homes are available in Goshen, AR?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
16 | 15 | -6.3% |
Summary: The Goshen real estate market had 15 homes for sale in March 2024, a 6.3% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 6 | 6 | 0.0% |
4 Bedrooms | 9 | 8 | -11.1% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Goshen 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1 | 4 | +300.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Goshen in March 2024, up by 300.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Goshen, AR
How long does it take to sell a home in Goshen, AR?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
121 Days | 70 Days | -42.0% |
Summary: Homes in Goshen had an average of 70 days on market in Mar 2024, down by 42% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 4 homes were sold in Goshen; 0% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.