Is Johnson, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Johnson is a seller's market

Buyer's
Market

Difference Since November 2021

Since last year, Johnson has remained a Seller's Market.

Key Takeaway

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

How much do homes in Johnson, AR cost?

Median Sold Price

$295,000

$176/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$12,000(+4.2%)

Key Takeaway

Homes in Johnson have sold for 4.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 --
N/A
2 $160K$168K
+5.0%
3 $247.5K$290K
+17.2%
4 $690K$479.8K
-30.5%
5+ $982.5K$1.9M
+93.4%

Median Sold Price Compared To Nearby Cities

Fayetteville
+24.5%
Fayetteville Township
+24.4%
Springdale Township
+19.2%
Johnson
+4.2%
Johnson Township
0.0%

How many homes are available in Johnson, AR?

Number of Homes For Sale

Oct 2022Nov 2022%
1614-12.5%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 20
-100.0%
3 89
+12.5%
4 43
-25.0%
5+ 22
0.0%

Number of Homes Sold

Oct 2022Nov 2022%
35+66.7%

Asking Price vs. Sold Price

2 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 Johnson, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
68 Days50 Days-26.6%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Johnson has remained consistent over time.

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

About Johnson, AR

Homes for sale in Johnson, AR have reached 14. Between October 2022 and November 2022, Johnson, AR real estate market has seen decrease in the number of listings by 12.5%. While the average time on the market in November 2022 was 50 days, the median list price was $295,000. From October 2022 through November 2022, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties increased by 0%, 2 bedrooms properties prices increased by 5%, prices of 3 bedrooms properties increased by 17.2%, 4 bedrooms properties became 30.5% more cheaper, the cost of 5 bedrooms properties went up by 93.4%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes did not move, 2 bedrooms homes inventory decreased by 100%, volume of 3 bedrooms homes went up by 12.5%, 4 bedrooms homes became 25% less available, the quantity of 5 bedrooms homes have not changed. In November 2022 more than 1 listings in Johnson, AR were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 2 were sold below.

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