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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dyer Township is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Dyer Township was a Seller's Market.

Key Takeaway

Dyer Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Dyer Township, AR

How much do homes in Dyer Township, AR cost?

Median Sold Price

$344,632

$198/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

-$280,268(-44.9%)

Key Takeaway

Homes in Dyer Township have sold for 44.9% less than they did a month ago.

Summary: The median home sold price in Dyer Township was $344,632 in May 2024, down 44.9% from last month, and the median price per square foot was $198.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 --
N/A
3 $526.4K$285K
-45.9%
4 $550.5K$404.6K
-26.5%
5+ $665K-
N/A

Summary: Dyer 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 did not change, 3 bedroom homes decreased by 45.9%, 4 bedroom homes decreased by 26.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Lonsdale
-13.5%
Kentucky Township
-18.4%
Dyer Township
-44.9%

Housing Supply in Dyer Township, AR

How many homes are available in Dyer Township, AR?

Number of Homes For Sale

Apr 2024May 2024CHANGE
3633-8.3%

Summary: The Dyer Township real estate market had 33 homes for sale in May 2024, a 8.3% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 00
0.0%
3 2421
-12.5%
4 1112
+9.1%
5+ 10
-100.0%

Summary: The Dyer 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 remained the same, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Apr 2024May 2024CHANGE
95-44.4%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dyer Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 5 homes were sold or pending in Dyer Township in May 2024, down by 44.4% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.

Days on Market for Dyer Township, AR

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

Average Sale Time

Apr 2024May 2024CHANGE
38 Days132 Days+247.4%

Summary: Homes in Dyer Township had an average of 132 days on market in May 2024, up by 247.4% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Dyer Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During May 2024, 5 homes were sold in Dyer Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 40% 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 Dyer Township, AR

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