Is Hill Township, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Hill Township has remained a Seller's Market.
Key Takeaway
Hill Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hill Township, AR
How much do homes in Hill Township, AR cost?
Median Sold Price
$199,500
$130/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Hill Township have sold for 3.9% more than they did a month ago.
Summary: The median home sold price in Hill Township was $199,500 in April 2024, up 3.9% from last month, and the median price per square foot was $130.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $90K | $114.2K | +26.9% |
| 3 Bedrooms | $179.9K | $185K | +2.8% |
| 4 Bedrooms | $317.2K | $325K | +2.4% |
| 5+ Bedrooms | $630K | $499K | -20.8% |
Summary: Hill 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 increased by 26.9%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes decreased by 20.8%.
Median Sold Price Compared To Nearby Cities
| Jacksonville | $130K | $162.5K | +25.0% |
| Sherwood | $222.2K | $274.9K | +23.7% |
| Hill Township | $192K | $199.5K | +3.9% |
| North Little Rock | $183K | $176K | -3.8% |
Housing Supply in Hill Township, AR
How many homes are available in Hill Township, AR?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 594 | 633 | +6.6% |
Summary: The Hill Township real estate market had 633 homes for sale in April 2024, a 6.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 59 | 54 | -8.5% |
| 3 Bedrooms | 347 | 361 | +4.0% |
| 4 Bedrooms | 159 | 184 | +15.7% |
| 5+ Bedrooms | 29 | 33 | +13.8% |
Summary: The Hill Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 8.5%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 15.7%, and 5+ bedroom homes increased by 13.8%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 169 | 171 | +1.2% |
Asking Price vs. Sold Price
74 Homes Were Sold
Under Asking
49 Homes Were Sold
At Asking
39 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hill Township, you may be able to get a good deal. 45.7% of homes here sold below asking price last month.
Summary: A total of 171 homes were sold or pending in Hill Township in April 2024, up by 1.2% month-over-month. Of the 162 sold homes, 46% were sold under asking, 30% were sold at asking, and 24% were sold over asking.
Days on Market for Hill Township, AR
We’re sorry, we don't have information for this market at the moment
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Hill Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 171 homes were sold in Hill Township; 1% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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.