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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mountain Home Township is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Mountain Home Township was a Buyer's Market.

Key Takeaway

Mountain Home Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Mountain Home Township, AR

How much do homes in Mountain Home Township, AR cost?

Median Sold Price

$158,000

$125/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$214,000(-57.5%)

Key Takeaway

Homes in Mountain Home Township have sold for 57.5% less than they did a month ago.

Summary: The median home sold price in Mountain Home Township was $158,000 in March 2024, down 57.5% from last month, and the median price per square foot was $125.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 -$155K
N/A
3 $380K$339K
-10.8%
4 $290K-
N/A
5+ --
N/A

Summary: Mountain Home 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 10.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Mountain Home Township
-57.5%
Mountain Home
-57.5%

Housing Supply in Mountain Home Township, AR

How many homes are available in Mountain Home Township, AR?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
4042+5.0%

Summary: The Mountain Home Township real estate market had 42 homes for sale in March 2024, a 5.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 1416
+14.3%
3 1919
0.0%
4 66
0.0%
5+ 11
0.0%

Summary: The Mountain Home 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 increased by 14.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
47+75.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mountain Home Township, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Mountain Home Township in March 2024, up by 75.0% month-over-month. Of the 7 sold homes, 71% were sold under asking, 0% were sold at asking, and 29% were sold over asking.

Days on Market for Mountain Home 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 26 Days Ago

Newest Listings in Mountain Home Township, AR

Nearby Markets to Mountain Home Township, AR

What housing markets are near Mountain Home Township, AR?