New - 7 days on Rocket
$2,494 Closing Credit¹
#25006010, Kimberly Santos, Listing Office: Innovative Realty
Banner Township Housing Market Report January 2025•Saline County, Arkansas
Housing Prices in Banner Township, AR
How much do homes in Banner Township, AR cost?
Housing Market Conditions
Is Banner Township, AR a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Banner Township is a Buyer's Market
Difference Since December 2024
Last month, Banner Township was a Seller's Market.
Insight
Banner Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$334,000$178/SqFt
+$49,000
+17.2%
Based on all homes sold in January 2025
Insight
Homes in Banner Township have sold for 17.2% more than they did a month ago.
Summary: The median home sold price in Banner Township was $334,000 in January 2025, up 17.2% from last month, and the median price per square foot was $178.
Median Sold Price By Cities
| City | Dec 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Mabelvale | $125K | $204.5K | +63.6% |
| Otter Township | $125K | $182K | +45.6% |
| Banner Township | $285K | $334K | +17.2% |
| Big Rock Township | $246K | $217.3K | -11.6% |
| Hensley | $393K | $334K | -15.0% |
Median Sold Price By Bedrooms
| Beds | Dec 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | - | - | N/A |
| 33 Bedrooms | $256.2K | - | N/A |
| 44 Bedrooms | $421K | $334K | -20.7% |
| 55+ Bedrooms | - | - | N/A |
Summary: Banner Township housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes decreased by -20.7%. The home price for 5 bedroom homes did not change.
Housing supply in Banner Township, AR
How many homes are available in Banner Township, AR?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 17Last MonthJan 2025 | ||
| 112 months agoDec 2024 | +54.5 % Change MoMDec – Jan |
Summary: The Banner Township real estate market had 17 homes for sale in Jan 2025, a 54.5 % increase compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 2Last MonthJan 2025 | ||
| 62 months agoDec 2024 | -66.7 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 0 | 1 | +100.0% |
| 33 Bedrooms | 6 | 8 | +33.3% |
| 44 Bedrooms | 4 | 6 | +50.0% |
| 55+ Bedrooms | 1 | 2 | +100.0% |
Summary: Banner Township housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +100.0%. The inventory for 3 bedroom homes increased by +33.3%. The inventory for 4 bedroom homes increased by +50.0%. The inventory for 5 bedroom homes increased by +100.0%.
Asking Price vs. Sold Price
How much do homes in Banner Township, AR cost?
Over Asking Price0 Home
At Asking Price1 Home
Under Asking Price1 Home
Insight
If you're buying a home in Banner Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Banner Township in January 2025, down by 66.7% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and and 0% were sold over asking.
Days on Market for Banner Township, AR
We’re sorry, we don't have information for this market at the moment.
Home sale times aren’t available for this area.
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Newest Listings in Banner Township, AR
What homes are available in Banner Township, AR?
$2,601 Closing Credit¹
#25005134, Amber Wood, Listing Office: Mid South Realty
$10,000 Closing Credit¹
#25004982, Jonathan Dixon, Listing Office: Baxley-Penfield-Moudy Realtors
Video tour
$3,503 Closing Credit¹
#25004812, Jeannie Johnson, Listing Office: RE/MAX Elite
$4,453 Closing Credit¹
#25004576, Lisa Marie Gieck, Listing Office: RE/MAX Homefinders
$2,078 Closing Credit¹
#25004559, Laura Dean, Listing Office: Vylla Home
$2,891 Closing Credit¹
#25004178, Buffie Howard, Listing Office: Truman Ball Real Estate
$4,619 Closing Credit¹
#25003939, Andrew Quinn, Listing Office: United Country Real Estate Red River Properties
#25003811, Judy Long, Listing Office: McDaniel Realty Inc.
$4,572 Closing Credit¹
#25003228, Johnny Reynolds, Listing Office: Superior Real Estate, Inc.
$4,096 Closing Credit¹
#25002659, Teresa Cogovan, Listing Office: Century 21 Parker & Scroggins Realty - Benton
$2,374 Closing Credit¹
#25002338, Buffie Howard, Listing Office: Truman Ball Real Estate
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MLS Disclaimers and Copyright
Based on information from Cooperative Arkansas REALTORS® MLS, for the period 12/01/2024 - 02/01/2025
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Cooperative Arkansas REALTORS® Multiple Listing Services, Inc. Real estate listings, held by brokerage firms other than this broker, are marked with the Broker Reciprocity℠ logo and information about them includes the name of the listing brokers. The IDX information is provided exclusively for consumers’ personal, non-commercial use that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2025 Cooperative Arkansas Realtors MLS. All Rights Reserved.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/22/2025, 9:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.