Is Johnson 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, Johnson Township has remained a Seller's Market.
Key Takeaway
Johnson Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Johnson Township, AR
How much do homes in Johnson Township, AR cost?
Median Sold Price
$650,000
$190/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in Johnson Township have sold for 5.4% more than they did a month ago.
Summary: The median home sold price in Johnson Township was $650,000 in March 2024, up 5.4% from last month, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $201.5K | - | N/A |
| 3 Bedrooms | $274.3K | $275K | 0.2% |
| 4 Bedrooms | $979.7K | $650K | -33.7% |
| 5+ Bedrooms | $1.0M | $925K | -14.7% |
Summary: Johnson 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 did not change, 3 bedroom homes increased by 0.2%, 4 bedroom homes decreased by 33.7%, and 5+ bedroom homes decreased by 14.7%.
Median Sold Price Compared To Nearby Cities
| Johnson | $286K | $910K | +218.1% |
| Johnson Township | $616.7K | $650K | +5.4% |
Housing Supply in Johnson Township, AR
How many homes are available in Johnson Township, AR?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 19 | 11 | -42.1% |
Summary: The Johnson Township real estate market had 11 homes for sale in March 2024, a 42.1% 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 | 1 | 0 | -100.0% |
| 3 Bedrooms | 8 | 2 | -75.0% |
| 4 Bedrooms | 6 | 4 | -33.3% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Johnson 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 decreased by 100%, 3 bedroom homes decreased by 75%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Johnson Township, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.
Summary: A total of 5 homes were sold or pending in Johnson Township in March 2024, down by 16.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 60% were sold at asking, and 0% were sold over asking.
Days on Market for Johnson Township, AR
How long does it take to sell a home in Johnson Township, AR?
Average Sale Time
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 145 Days | 42 Days | -70.7% |
Summary: Homes in Johnson Township had an average of 42 days on market in Mar 2024, down by 70.7% compared to last month.
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
Key Takeaway
Avg time on Rocket Homes in Johnson Township has remained consistent over time.
Summary: During March 2024, 5 homes were sold in Johnson Township; 20% of homes were sold within 30 days, 80% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Disclaimer: 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 the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright © 2024 Northwest Arkansas Board of Realtors All rights reserved.