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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hale Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Hale Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Hale Township, AR

How much do homes in Hale Township, AR cost?

Median Sold Price

$207,500

$129/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$11,500(-5.3%)

Key Takeaway

Homes in Hale Township have sold for 5.3% less than they did a month ago.

Summary: The median home sold price in Hale Township was $207,500 in April 2024, down 5.3% from last month, and the median price per square foot was $129.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $183.5K$177.5K
-3.3%
3 $220K$218K
-0.9%
4 $798.7K$455K
-43.0%
5+ --
N/A

Summary: Hale 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 decreased by 3.3%, 3 bedroom homes decreased by 0.9%, 4 bedroom homes decreased by 43%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Hale Township
-5.3%
Whittington Township
-7.0%
Royal
-56.7%

Housing Supply in Hale Township, AR

How many homes are available in Hale Township, AR?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
131138+5.3%

Summary: The Hale Township real estate market had 138 homes for sale in April 2024, a 5.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 3744
+18.9%
3 7875
-3.8%
4 1214
+16.7%
5+ 45
+25.0%

Summary: The Hale 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 increased by 18.9%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2930+3.4%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hale Township, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 30 homes were sold or pending in Hale Township in April 2024, up by 3.4% month-over-month. Of the 28 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.

Days on Market for Hale 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 4 Days Ago

Newest Listings in Hale Township, AR

Nearby Markets to Hale Township, AR

What housing markets are near Hale Township, AR?