New - 22 hours on Rocket
$8,313 Closing Credit¹
#1299202, Listing Office: The Agency Northwest Arkansas
Elm Springs Township Housing Market Report January 2025•Washington County, Arkansas
Housing Prices in Elm Springs Township, AR
How much do homes in Elm Springs Township, AR cost?
Housing Market Conditions
Is Elm Springs Township, AR a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Elm Springs Township is a Buyer's Market
Difference Since January 2024
At the same time last year, Elm Springs Township was a Seller's Market.
Insight
Elm Springs Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$680,000$225/SqFt
+$30,000
+4.6%
Based on all homes sold in the last 12 months
Insight
Homes in Elm Springs Township have sold for 4.6% more than they did a year ago.
Summary: The median home sold price in Elm Springs Township was $680,000 in January 2025, up 4.6% from last year, and the median price per square foot was $225.
Median Sold Price By Cities
| City | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Tontitown Township | $441K | $472.5K | +7.1% |
| Tontitown | $447K | $478.4K | +7.0% |
| Elm Springs Township | $650K | $680K | +4.6% |
| Springdale | $320K | $323.8K | +1.2% |
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $160K | $225K | +40.6% |
| 33 Bedrooms | $447.5K | $512.5K | +14.5% |
| 44 Bedrooms | $658.9K | $680K | +3.2% |
| 55+ Bedrooms | $700K | $755K | +7.9% |
Summary: Elm Springs 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 increased by +40.6%. The home price for 3 bedroom homes increased by +14.5%. The home price for 4 bedroom homes increased by +3.2%. The home price for 5 bedroom homes increased by +7.9%.
Housing supply in Elm Springs Township, AR
How many homes are available in Elm Springs Township, AR?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 20Last MonthJan 2025 | ||
| 192 months agoDec 2024 | +5.3 % Change MoMDec – Jan |
Summary: The Elm Springs Township real estate market had 20 homes for sale in Jan 2025, a 5.3 % increase compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 1Last MonthJan 2025 | ||
| 22 months agoDec 2024 | -50.0 % 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 | 0 | 0.0% |
| 33 Bedrooms | 5 | 4 | -20.0% |
| 44 Bedrooms | 13 | 14 | +7.7% |
| 55+ Bedrooms | 1 | 2 | +100.0% |
Summary: Elm Springs 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 remained the same. The inventory for 3 bedroom homes decreased by -20.0%. The inventory for 4 bedroom homes increased by +7.7%. The inventory for 5 bedroom homes increased by +100.0%.
Asking Price vs. Sold Price
How much do homes in Elm Springs Township, AR cost?
Over Asking Price1 Home
At Asking Price0 Home
Under Asking Price0 Home
Insight
If you're buying a home in Elm Springs Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Elm Springs Township in January 2025, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and and 100% were sold over asking.
Days on Market for Elm Springs Township, AR
How long does it take to sell a home in Elm Springs Township, AR?
Breakdown of Home Sale Times
Under 30 Days0 Home
30 – 90 Days1 Home
Over 90 Days0 Home
Insight
Avg time on Rocket Homes in Elm Springs Township has remained consistent over time.
Summary: During January 2025, 1 homes were sold in Elm Springs Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 36 DaysThis YearJan 2025 | ||
| 203 Days1 year agoJan 2024 | -82.3 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Elm Springs Township had an average listing age of 36 days in Jan 2025, down by 82.3% compared to the previous year.
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Newest Listings in Elm Springs Township, AR
What homes are available in Elm Springs Township, AR?
New - 4 days on Rocket
$9,738 Closing Credit¹
#1298571, Listing Office: NAC Real Estate
New - 4 days on Rocket
$8,894 Closing Credit¹
#1298498, Listing Office: Crye-Leike REALTORS, Springdale
#1298015, Listing Office: RE/MAX Associates, LLC
$10,000 Closing Credit¹
#1298114, Listing Office: Crye-Leike REALTORS, Springdale
$8,016 Closing Credit¹
#1297904, Listing Office: Arkansas Real Estate Group Fayetteville
$7,422 Closing Credit¹
#1297290, Listing Office: Collier & Associates-Bentonville Branch
#1297046, Listing Office: eXp Realty NWA Branch
$5,308 Closing Credit¹
#1296881, Listing Office: Coldwell Banker Harris McHaney & Faucette -Fayette
#1295883, Listing Office: Keller Williams Market Pro Realty Branch Office
$10,000 Closing Credit¹
#1295587, Listing Office: Coldwell Banker Harris McHaney & Faucette -Fayette
$6,798 Closing Credit¹
#1294264, Listing Office: Buffington Homes of Arkansas
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MLS Disclaimers and Copyright
Based on information from Northwest Arkansas Board of Realtors MLS / Arkansas Regional MLS LLC, for the period 02/01/2023 - 02/01/2025
Disclaimer: 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 the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright © 2025 Northwest Arkansas Board of Realtors 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: 2/21/2025, 11:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.