Is Otter Township, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Otter Township was a Seller's Market.
Housing Prices in Otter Township, AR
How much do homes in Otter Township, AR cost?
Median Sold Price
$279,000
$125/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Otter Township was $279,000 in April 2024, up 56.7% from last month, and the median price per square foot was $125.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $182.5K | $279K | +52.9% |
4 Bedrooms | $175K | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Otter 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 52.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Otter Township | $178K | $279K | +56.7% |
Shannon Hills | $191K | $279K | +46.1% |
Alexander | $213K | $244K | +14.6% |
Mabelvale | $182.4K | $186.5K | +2.2% |
Hurricane Township | $290K | $183K | -36.9% |
Housing Supply in Otter Township, AR
How many homes are available in Otter Township, AR?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
26 | 29 | +11.5% |
Summary: The Otter Township real estate market had 29 homes for sale in April 2024, a 11.5% 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 | 19 | 20 | +5.3% |
4 Bedrooms | 7 | 9 | +28.6% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Otter 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 5.3%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 4 | -55.6% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Otter Township in April 2024, down by 55.6% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for Otter Township, AR
We’re sorry, we don't have information for this market at the moment