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 seller's market

Buyer's
Market

Difference Since September 2021

Since last year, 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.

How much do homes in Johnson Township, AR cost?

Median Sold Price

$300,000

$175/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

-$15,700(-5.0%)

Key Takeaway

Homes in Johnson Township have sold for 5% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 --
N/A
2 $160K$165K
+3.1%
3 $243.7K$295K
+21.0%
4 $745K$612.5K
-17.8%
5+ $975K$1.3M
+38.6%

Median Sold Price Compared To Nearby Cities

Tontitown
+32.2%
Tontitown Township
+31.6%
Springdale Township
+18.1%
Johnson
+7.3%
Johnson Township
-5.0%

How many homes are available in Johnson Township, AR?

Number of Homes For Sale

Aug 2022Sep 2022%
2821-25.0%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 00
0.0%
2 23
+50.0%
3 158
-46.7%
4 76
-14.3%
5+ 44
0.0%

Number of Homes Sold

Aug 2022Sep 2022%
115-54.5%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Johnson Township, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.

Average Sale Time

Sep 2021Sep 2022%
57 Days47 Days-17.7%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Johnson Township are selling fast, if you're buying plan to act quickly.

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

About Johnson Township, AR

Johnson Township, AR has 21 homes on the market. The number of homes for sale in Johnson Township, AR decreased by 25% between August 2022 and September 2022. In September 2022 median list price was $300,000 and the average listing age was 47 days. Listing prices have changed in this real estate market between August 2022 and September 2022: prices of 1 bedroom properties increased by 0%, prices of 2 bedrooms properties increased by 3.1%, prices of 3 bedrooms properties went up by 21%, prices of 4 bedrooms properties decreased by 17.8%, prices of 5 bedrooms properties increased by 38.6%. Volume of homes for sale in this real estate market have seen the following changes: number of 1 bedroom homes remained the same, number of 2 bedrooms homes increased by 50%, number of 3 bedrooms homes decreased by 46.7%, number of 4 bedrooms homes decreased by 14.3%, 5 bedrooms homes inventory did not change. Over 2 listings were sold over their listed price in September 2022 in Johnson Township, AR. In the same period over 1 listings were sold below the listed price and 2 listings were sold for the listed price.

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