Is Welborn 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, Welborn Township was a Buyer's Market.
Housing Prices in Welborn Township, AR
How much do homes in Welborn Township, AR cost?
Median Sold Price
$167,950
$108/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Welborn Township was $167,950 in April 2024, down 25% from last month, and the median price per square foot was $108.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $150.1K | N/A |
3 Bedrooms | $179.9K | $154.9K | -13.9% |
4 Bedrooms | $470K | $242.9K | -48.3% |
5+ Bedrooms | - | - | N/A |
Summary: Welborn 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 decreased by 13.9%, 4 bedroom homes decreased by 48.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Welborn Township | $223.9K | $167.9K | -25.0% |
Morrilton | $223.9K | $167.9K | -25.0% |
Housing Supply in Welborn Township, AR
How many homes are available in Welborn Township, AR?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
31 | 37 | +19.4% |
Summary: The Welborn Township real estate market had 37 homes for sale in April 2024, a 19.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 4 | 7 | +75.0% |
3 Bedrooms | 17 | 19 | +11.8% |
4 Bedrooms | 7 | 8 | +14.3% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Welborn 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 75%, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 9 | +125.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Welborn Township in April 2024, up by 125.0% month-over-month. Of the 8 sold homes, 50% were sold under asking, 38% were sold at asking, and 13% were sold over asking.
Days on Market for Welborn Township, AR
We’re sorry, we don't have information for this market at the moment