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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lamar Township is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Lamar Township was a Neutral Market.

Key Takeaway

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

Housing Prices in Lamar Township, AR

How much do homes in Lamar Township, AR cost?

Median Sold Price

$149,900

$112/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$80,100(-34.8%)

Key Takeaway

Homes in Lamar Township have sold for 34.8% less than they did a month ago.

Summary: The median home sold price in Lamar Township was $149,900 in April 2024, down 34.8% from last month, and the median price per square foot was $112.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $310K$149.9K
-51.6%
4 $150K-
N/A
5+ --
N/A

Summary: Lamar Township housing prices by bedroom type for April 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 decreased by 51.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Lamar Township, AR

How many homes are available in Lamar Township, AR?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
118-27.3%

Summary: The Lamar Township real estate market had 8 homes for sale in April 2024, a 27.3% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 11
0.0%
3 43
-25.0%
4 53
-40.0%
5+ 00
0.0%

Summary: The Lamar Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
220.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lamar Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Lamar Township in April 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Lamar 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 13 Days Ago

Newest Listings in Lamar Township, AR

Nearby Markets to Lamar Township, AR

What housing markets are near Lamar Township, AR?