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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ruddell Township is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Ruddell Township, AR

How much do homes in Ruddell Township, AR cost?

Median Sold Price

$175,000

$75/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$80,000(+84.2%)

Key Takeaway

Homes in Ruddell Township have sold for 84.2% more than they did a month ago.

Summary: The median home sold price in Ruddell Township was $175,000 in March 2024, up 84.2% from last month, and the median price per square foot was $75.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 -$143.5K
N/A
3 $95K-
N/A
4 -$289K
N/A
5+ -$175K
N/A

Summary: Ruddell 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Ruddell Township
+84.2%
Batesville
+38.7%
McHue Township
+12.8%

Housing Supply in Ruddell Township, AR

How many homes are available in Ruddell Township, AR?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1820+11.1%

Summary: The Ruddell Township real estate market had 20 homes for sale in March 2024, a 11.1% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 01
+100.0%
2 44
0.0%
3 910
+11.1%
4 33
0.0%
5+ 22
0.0%

Summary: The Ruddell Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ruddell Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Ruddell Township in March 2024, up by 100.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Ruddell 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 28 Days Ago

Newest Listings in Ruddell Township, AR

Nearby Markets to Ruddell Township, AR