Is Marion Township, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Marion Township was a Neutral Market.
Housing Prices in Marion Township, AR
How much do homes in Marion Township, AR cost?
Median Sold Price
$180,000
$110/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Summary: The median home sold price in Marion Township was $180,000 in March 2024, down 22.7% from last month, and the median price per square foot was $110.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $228K | $122.5K | -46.3% |
4 Bedrooms | $340K | $258K | -24.1% |
5+ Bedrooms | - | $455K | N/A |
Summary: Marion 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 decreased by 46.3%, 4 bedroom homes decreased by 24.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Marion Township | $232.7K | $180K | -22.7% |
Monticello | $237.5K | $151.2K | -36.3% |
Housing Supply in Marion Township, AR
How many homes are available in Marion Township, AR?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
39 | 37 | -5.1% |
Summary: The Marion Township real estate market had 37 homes for sale in March 2024, a 5.1% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 3 | 2 | -33.3% |
3 Bedrooms | 25 | 22 | -12.0% |
4 Bedrooms | 8 | 10 | +25.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Marion 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 33.3%, 3 bedroom homes decreased by 12%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
6 | 7 | +16.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Marion Township in March 2024, up by 16.7% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for Marion Township, AR
How long does it take to sell a home in Marion Township, AR?
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 7 homes were sold in Marion Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.