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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Johnson Township is a neutral's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Johnson Township was a Seller's Market.

Key Takeaway

Johnson Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Johnson Township, AR

How much do homes in Johnson Township, AR cost?

Median Sold Price

$335,725

$196/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

-$49,275(-12.8%)

Key Takeaway

Homes in Johnson Township have sold for 12.8% less than they did a year ago.

Summary: The median home sold price in Johnson Township was $335,725 in September 2024, down 12.8% from last year, and the median price per square foot was $196.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $83.5K$109K
+30.5%
2 $185K$198K
+7.0%
3 $327K$286K
-12.5%
4 $685K$650K
-5.1%
5+ $1.2M$1.2M
-1.4%

Summary: Johnson Township housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 30.5%, 2 bedroom homes increased by 7%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes decreased by 5.1%, and 5+ bedroom homes decreased by 1.4%.

Median Sold Price Compared To Nearby Cities

Springdale Township
+3.0%
Tontitown
-2.5%
Tontitown Township
-3.1%
Johnson Township
-12.8%
Johnson
-17.8%

Housing Supply in Johnson Township, AR

How many homes are available in Johnson Township, AR?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
1413-7.1%

Summary: The Johnson Township real estate market had 13 homes for sale in September 2024, a 7.1% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 11
0.0%
2 11
0.0%
3 44
0.0%
4 33
0.0%
5+ 54
-20.0%

Summary: The Johnson Township housing inventory by bedroom type for September 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 remained the same, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 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 Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Johnson Township in September 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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

Sep 2023Sep 2024CHANGE
48 Days72 Days+49.0%

Summary: Homes in Johnson Township had an average of 72 days on market in Sep 2024, up by 49% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 2 homes were sold in Johnson Township; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

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

Report Updated 30 Days Ago

Newest Listings in Johnson Township, AR

Nearby Markets to Johnson Township, AR

What housing markets are near Johnson Township, AR?