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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mount Ida Township is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Mount Ida Township was a Neutral Market.

Key Takeaway

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

Housing Prices in Mount Ida Township, AR

How much do homes in Mount Ida Township, AR cost?

Median Sold Price

$220,000

$134/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$60,000(-21.4%)

Key Takeaway

Homes in Mount Ida Township have sold for 21.4% less than they did a month ago.

Summary: The median home sold price in Mount Ida Township was $220,000 in April 2024, down 21.4% from last month, and the median price per square foot was $134.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $227.2K$90K
-60.4%
3 -$216K
N/A
4 -$570K
N/A
5+ $400K$850K
+112.5%

Summary: Mount Ida 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 decreased by 60.4%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes increased by 112.5%.

Median Sold Price Compared To Nearby Cities

Mount Ida
+39.6%
Mount Ida Township
-21.4%

Housing Supply in Mount Ida Township, AR

How many homes are available in Mount Ida Township, AR?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2022+10.0%

Summary: The Mount Ida Township real estate market had 22 homes for sale in April 2024, a 10.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 66
0.0%
3 69
+50.0%
4 33
0.0%
5+ 43
-25.0%

Summary: The Mount Ida 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 increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
35+66.7%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mount Ida Township, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Mount Ida Township in April 2024, up by 66.7% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.

Days on Market for Mount Ida 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 3 Days Ago

Newest Listings in Mount Ida Township, AR

Nearby Markets to Mount Ida Township, AR

What housing markets are near Mount Ida Township, AR?