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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Indian Rock Township is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Indian Rock Township has remained a Buyer's Market.

Key Takeaway

Indian Rock Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Indian Rock Township, AR

How much do homes in Indian Rock Township, AR cost?

Median Sold Price

$117,500

$119/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$35,000(+42.4%)

Key Takeaway

Homes in Indian Rock Township have sold for 42.4% more than they did a month ago.

Summary: The median home sold price in Indian Rock Township was $117,500 in March 2024, up 42.4% from last month, and the median price per square foot was $119.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 -$63K
N/A
2 $82.5K$117.5K
+42.4%
3 -$275K
N/A
4 --
N/A
5+ -$820K
N/A

Summary: Indian 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 increased by 42.4%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Morgan Township
+260.9%
Indian Rock Township
+42.4%
Fairfield Bay
+39.4%

Housing Supply in Indian Rock Township, AR

How many homes are available in Indian Rock Township, AR?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
5067+34.0%

Summary: The Indian Rock Township real estate market had 67 homes for sale in March 2024, a 34.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 99
0.0%
2 1418
+28.6%
3 2230
+36.4%
4 35
+66.7%
5+ 25
+150.0%

Summary: The Indian Rock 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 28.6%, 3 bedroom homes increased by 36.4%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes increased by 150%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
29+350.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Indian Rock Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Indian Rock Township in March 2024, up by 350.0% month-over-month. Of the 9 sold homes, 67% were sold under asking, 22% were sold at asking, and 11% were sold over asking.

Days on Market for Indian Rock 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 24 Days Ago

Newest Listings in Indian Rock Township, AR

Nearby Markets to Indian Rock Township, AR

What housing markets are near Indian Rock Township, AR?