Is Magness 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, Magness Township has remained a Seller's Market.
Housing Prices in Magness Township, AR
How much do homes in Magness Township, AR cost?
Median Sold Price
$282,500
$151/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Magness Township was $282,500 in April 2024, down 24.1% from last month, and the median price per square foot was $151.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $218K | $249.9K | +14.6% |
4 Bedrooms | $385K | $317.5K | -17.5% |
5+ Bedrooms | $622K | $675K | +8.5% |
Summary: Magness 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 increased by 14.6%, 4 bedroom homes decreased by 17.5%, and 5+ bedroom homes increased by 8.5%.
Median Sold Price Compared To Nearby Cities
Austin | $214.5K | $245K | +14.2% |
Royal Township | $462K | $427K | -7.6% |
Magness Township | $372K | $282.5K | -24.1% |
Housing Supply in Magness Township, AR
How many homes are available in Magness Township, AR?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
45 | 52 | +15.6% |
Summary: The Magness Township real estate market had 52 homes for sale in April 2024, a 15.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 15 | 17 | +13.3% |
4 Bedrooms | 26 | 30 | +15.4% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Magness 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 increased by 13.3%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
12 | 11 | -8.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Magness Township in April 2024, down by 8.3% month-over-month. Of the 10 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% were sold over asking.
Days on Market for Magness Township, AR
We’re sorry, we don't have information for this market at the moment