$35,000
35090.00 Acres
Land
#24033942, Caroline McGowan, Listing Office: Aclin Realty
Is Oak Grove 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, Oak Grove Township was a Seller's Market.
Key Takeaway
Oak Grove 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 Oak Grove Township, AR
How much do homes in Oak Grove Township, AR cost?
Median Sold Price
$383,500
$162/sqft
Based on all homes sold in August 2024.
Difference Since Last Month
+$83,500(+27.8%)
Key Takeaway
Homes in Oak Grove Township have sold for 27.8% more than they did a month ago.
Summary: The median home sold price in Oak Grove Township was $383,500 in August 2024, up 27.8% from last month, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $277.5K | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $320K | $379.5K | +18.6% |
| 4 Bedrooms | $354.5K | $387.5K | +9.3% |
| 5+ Bedrooms | - | - | N/A |
Summary: Oak Grove Township housing prices by bedroom type for August 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 increased by 18.6%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Oak Grove Township | $300K | $383.5K | +27.8% |
| Caroline Township | $231.8K | $232K | 0.1% |
| York Township | $225.5K | $220K | -2.4% |
| Eagle Township | $356K | $184K | -48.3% |
Housing Supply in Oak Grove Township, AR
How many homes are available in Oak Grove Township, AR?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 19 | 25 | +31.6% |
Summary: The Oak Grove Township real estate market had 25 homes for sale in August 2024, a 31.6% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 11 | 10 | -9.1% |
| 4 Bedrooms | 7 | 13 | +85.7% |
| 5+ Bedrooms | 0 | 2 | +100.0% |
Summary: The Oak Grove Township housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 9.1%, 4 bedroom homes increased by 85.7%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 7 | 4 | -42.9% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Oak Grove 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 Oak Grove Township in August 2024, down by 42.9% 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 Oak Grove 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.