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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Newcomb Township is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Newcomb Township was a Buyer's Market.

Key Takeaway

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

Housing Prices in Newcomb Township, AR

How much do homes in Newcomb Township, AR cost?

Median Sold Price

$214,662

$144/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$45,237(-17.4%)

Key Takeaway

Homes in Newcomb Township have sold for 17.4% less than they did a month ago.

Summary: The median home sold price in Newcomb Township was $214,662 in April 2024, down 17.4% from last month, and the median price per square foot was $144.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 -$209K
N/A
4 $259.9K$219.3K
-15.6%
5+ -$600K
N/A

Summary: Newcomb 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 did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 15.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Haskell Township
+2.1%
Bauxite Township
-3.5%
Newcomb Township
-17.4%

Housing Supply in Newcomb Township, AR

How many homes are available in Newcomb Township, AR?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
914+55.6%

Summary: The Newcomb Township real estate market had 14 homes for sale in April 2024, a 55.6% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 37
+133.3%
4 44
0.0%
5+ 22
0.0%

Summary: The Newcomb 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 increased by 100%, 3 bedroom homes increased by 133.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

3 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 Newcomb Township, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Newcomb Township in April 2024, up by 300.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for Newcomb 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 6 Days Ago

Newest Listings in Newcomb Township, AR

Nearby Markets to Newcomb Township, AR

What housing markets are near Newcomb Township, AR?