Is Merry Green Township, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Merry Green Township has remained a Seller's Market.
Key Takeaway
Merry Green Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Merry Green Township, AR
How much do homes in Merry Green Township, AR cost?
Median Sold Price
$252,450
$133/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in Merry Green Township have sold for 3.5% more than they did a month ago.
Summary: The median home sold price in Merry Green Township was $252,450 in March 2024, up 3.5% from last month, and the median price per square foot was $133.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $61.2K | $35K | -42.9% |
| 3 Bedrooms | $240K | $266.5K | +11.0% |
| 4 Bedrooms | $385K | $299.9K | -22.1% |
| 5+ Bedrooms | - | - | N/A |
Summary: Merry Green 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 decreased by 42.9%, 3 bedroom homes increased by 11%, 4 bedroom homes decreased by 22.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Merry Green Township | $244K | $252.4K | +3.5% |
| Dekalb Township | $509.4K | $455K | -10.7% |
| Sheridan | $248K | $189.5K | -23.6% |
Housing Supply in Merry Green Township, AR
How many homes are available in Merry Green Township, AR?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 42 | 40 | -4.8% |
Summary: The Merry Green Township real estate market had 40 homes for sale in March 2024, a 4.8% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 2 | -50.0% |
| 3 Bedrooms | 21 | 19 | -9.5% |
| 4 Bedrooms | 14 | 16 | +14.3% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Merry Green 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 50%, 3 bedroom homes decreased by 9.5%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 14 | 8 | -42.9% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Merry Green Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Merry Green Township in March 2024, down by 42.9% month-over-month. Of the 8 sold homes, 50% were sold under asking, 38% were sold at asking, and 13% were sold over asking.
Days on Market for Merry Green Township, AR
We’re sorry, we don't have information for this market at the moment
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Cooperative Arkansas REALTORS® Multiple Listing Services, Inc. Real estate listings, held by brokerage firms other than this broker, are marked with the Broker Reciprocity℠ logo and information about them includes the name of the listing brokers. The IDX information is provided exclusively for consumers’ personal, non-commercial use that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2024 Cooperative Arkansas Realtors MLS. All Rights Reserved.