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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mountain Home Township is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Mountain Home Township, AR

How much do homes in Mountain Home Township, AR cost?

Median Sold Price

$210,500

$140/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

-$14,400(-6.4%)

Key Takeaway

Homes in Mountain Home Township have sold for 6.4% less than they did a month ago.

Summary: The median home sold price in Mountain Home Township was $210,500 in May 2024, down 6.4% from last month, and the median price per square foot was $140.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 $390K$209.9K
-46.2%
3 $224.9K$169K
-24.9%
4 -$475K
N/A
5+ $155K-
N/A

Summary: Mountain Home Township housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 46.2%, 3 bedroom homes decreased by 24.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Mountain Home Township
-6.4%
Mountain Home
-6.4%
Whiteville Township
-48.0%

Housing Supply in Mountain Home Township, AR

How many homes are available in Mountain Home Township, AR?

Number of Homes For Sale

Apr 2024May 2024CHANGE
4442-4.5%

Summary: The Mountain Home Township real estate market had 42 homes for sale in May 2024, a 4.5% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 1415
+7.1%
3 2319
-17.4%
4 67
+16.7%
5+ 11
0.0%

Summary: The Mountain Home Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 7.1%, 3 bedroom homes decreased by 17.4%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
1210-16.7%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mountain Home Township, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Mountain Home Township in May 2024, down by 16.7% month-over-month. Of the 10 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.

Days on Market for Mountain Home Township, AR

How long does it take to sell a home in Mountain Home Township, AR?

Average Sale Time

Apr 2024May 2024CHANGE
49 Days147 Days+201.0%

Summary: Homes in Mountain Home Township had an average of 147 days on market in May 2024, up by 201% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Mountain Home Township are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 10 homes were sold in Mountain Home Township; 10% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Mountain Home Township, AR

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