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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Marion County Township is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Marion County Township was a Buyer's Market.

Key Takeaway

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

Housing Prices in Marion County Township, AR

How much do homes in Marion County Township, AR cost?

Median Sold Price

$185,000

$113/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$69,000(-27.2%)

Key Takeaway

Homes in Marion County Township have sold for 27.2% less than they did a month ago.

Summary: The median home sold price in Marion County Township was $185,000 in March 2024, down 27.2% from last month, and the median price per square foot was $113.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 -$175K
N/A
2 $132K$185K
+40.2%
3 -$218K
N/A
4 $254K$333K
+31.1%
5+ $1.0M$160K
-84.0%

Summary: Marion County 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 increased by 40.2%, 3 bedroom homes did not change, 4 bedroom homes increased by 31.1%, and 5+ bedroom homes decreased by 84%.

Median Sold Price Compared To Nearby Cities

Marion County Township
-27.2%
Yellville
-67.5%
Flippin
-88.9%

Housing Supply in Marion County Township, AR

How many homes are available in Marion County Township, AR?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3837-2.6%

Summary: The Marion County Township real estate market had 37 homes for sale in March 2024, a 2.6% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 33
0.0%
2 99
0.0%
3 1418
+28.6%
4 53
-40.0%
5+ 74
-42.9%

Summary: The Marion County 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 remained the same, 3 bedroom homes increased by 28.6%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes decreased by 42.9%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
58+60.0%

Asking Price vs. Sold Price

6 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 Marion County Township, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Marion County Township in March 2024, up by 60.0% month-over-month. Of the 7 sold homes, 86% were sold under asking, 14% were sold at asking, and 0% were sold over asking.

Days on Market for Marion County Township, AR

How long does it take to sell a home in Marion County Township, AR?

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 Marion County Township has remained consistent over time.

Summary: During March 2024, 8 homes were sold in Marion County Township; 0% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% 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 25 Days Ago

Newest Listings in Marion County Township, AR

Nearby Markets to Marion County Township, AR