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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Clark Township is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Clark Township, AR

How much do homes in Clark Township, AR cost?

Median Sold Price

$132,750

$103/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

-$29,175(-18.0%)

Key Takeaway

Homes in Clark Township have sold for 18% less than they did a month ago.

Summary: The median home sold price in Clark Township was $132,750 in May 2024, down 18% from last month, and the median price per square foot was $103.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 $85K$47K
-44.7%
3 $164.7K$177.9K
+8.0%
4 $155K$145.5K
-6.1%
5+ --
N/A

Summary: Clark 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 44.7%, 3 bedroom homes increased by 8%, 4 bedroom homes decreased by 6.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Paragould
+1.0%
Spring Grove Township
-12.8%
Clark Township
-18.0%

Housing Supply in Clark Township, AR

How many homes are available in Clark Township, AR?

Number of Homes For Sale

Apr 2024May 2024CHANGE
109118+8.3%

Summary: The Clark Township real estate market had 118 homes for sale in May 2024, a 8.3% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 01
+100.0%
2 1114
+27.3%
3 7273
+1.4%
4 2626
0.0%
5+ 04
+100.0%

Summary: The Clark Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 27.3%, 3 bedroom homes increased by 1.4%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Apr 2024May 2024CHANGE
2830+7.1%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Clark Township, you may be able to get a good deal. 46.4% of homes here sold below asking price last month.

Summary: A total of 30 homes were sold or pending in Clark Township in May 2024, up by 7.1% month-over-month. Of the 28 sold homes, 46% were sold under asking, 32% were sold at asking, and 21% were sold over asking.

Days on Market for Clark Township, AR

We’re sorry, we don't have information for this market at the moment

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 Clark Township, AR

Nearby Markets to Clark Township, AR

What housing markets are near Clark Township, AR?