Is Mountain Home 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, Mountain Home Township has remained a Seller's Market.
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
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
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $390K | $209.9K | -46.2% |
3 Bedrooms | $224.9K | $169K | -24.9% |
4 Bedrooms | - | $475K | N/A |
5+ Bedrooms | $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 | $224.9K | $210.5K | -6.4% |
Mountain Home | $224.9K | $210.5K | -6.4% |
Whiteville Township | $324.9K | $169K | -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 2024 | May 2024 | CHANGE |
---|---|---|
44 | 42 | -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
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 14 | 15 | +7.1% |
3 Bedrooms | 23 | 19 | -17.4% |
4 Bedrooms | 6 | 7 | +16.7% |
5+ Bedrooms | 1 | 1 | 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 2024 | May 2024 | CHANGE |
---|---|---|
12 | 10 | -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
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 2024 | May 2024 | CHANGE |
---|---|---|
49 Days | 147 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
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.