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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Caroline Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Caroline Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Caroline Township, AR

How much do homes in Caroline Township, AR cost?

Median Sold Price

$199,980

$144/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$24,020(-10.7%)

Key Takeaway

Homes in Caroline Township have sold for 10.7% less than they did a month ago.

Summary: The median home sold price in Caroline Township was $199,980 in April 2024, down 10.7% 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 $210.7K$194.5K
-7.7%
4 $223K$250K
+12.1%
5+ $530K-
N/A

Summary: Caroline 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 7.7%, 4 bedroom homes increased by 12.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Austin
+14.2%
Cabot
+8.8%
York Township
-1.9%
Caroline Township
-10.7%
Ward
-13.1%

Housing Supply in Caroline Township, AR

How many homes are available in Caroline Township, AR?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
45450.0%

Summary: The Caroline Township real estate market had 45 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 3028
-6.7%
4 1215
+25.0%
5+ 32
-33.3%

Summary: The Caroline 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 remained the same, 3 bedroom homes decreased by 6.7%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1614-12.5%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Caroline Township, expect to pay close to the asking price. 53.8% of homes here sold near the asking price last month.

Summary: A total of 14 homes were sold or pending in Caroline Township in April 2024, down by 12.5% month-over-month. Of the 13 sold homes, 23% were sold under asking, 54% were sold at asking, and 23% were sold over asking.

Days on Market for Caroline 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 17 Days Ago

Newest Listings in Caroline Township, AR

Nearby Markets to Caroline Township, AR

What housing markets are near Caroline Township, AR?