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Elm Springs Township Housing Market Report June 2025•Washington County, Arkansas

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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?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Elm Springs Township is a Seller's Market

Difference Since June 2024

Since last year, Elm Springs Township has remained a Seller's Market.

Insight

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

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$685,000$236/SqFt
+$62,500
+10.0%

Based on all homes sold in the last 12 months

Insight

Homes in Elm Springs Township have sold for 10% more than they did a year ago.

Summary: The median home sold price in Elm Springs Township was $685,000 in June 2025, up 10% from last year, and the median price per square foot was $236.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Elm Springs Township
+10.0%
Tontitown Township
+7.6%
Tontitown
+6.9%
Elm Springs
+6.6%
Springdale
0.0%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJun 2024Jun 2025Change YoY
1--
N/A
2$162.5K-
N/A
3$475K$407.5K
-14.2%
4$645K$687.9K
+6.7%
5$752.5K$804K
+6.8%

Summary: Elm Springs Township housing price by bedroom type for June 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 decreased by -14.2%. The home price for 4 bedroom homes increased by +6.7%. The home price for 5 bedroom homes increased by +6.8%.

How does Elm Springs Township, AR compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Elm Springs Township, AR

Housing supply in Elm Springs Township, AR

How many homes are available in Elm Springs Township, AR?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
28Last MonthJun 2025
292 months agoMay 2025
-3.4 %
Change MoMMay – Jun

Summary: The Elm Springs Township real estate market had 28 homes for sale in Jun 2025, a 3.4 % decrease compared to May 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
9Last MonthJun 2025
42 months agoMay 2025
+125.0 %
Change MoMMay – Jun

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsMay 2025Jun 2025Change MoM
100
0.0%
200
0.0%
31110
-9.1%
41413
-7.1%
545
+25.0%

Summary: Elm Springs Township housing inventory by bedroom type for June 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 -9.1%. The inventory for 4 bedroom homes decreased by -7.1%. The inventory for 5 bedroom homes increased by +25.0%.

Asking Price vs. Sold Price

How much do homes in Elm Springs Township, AR cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price2 Homes

At Asking Price3 Homes

Under Asking Price4 Homes

Insight

If you're buying a home in Elm Springs Township, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Elm Springs Township in June 2025, up by 125.0% month-over-month. Of the 9 sold homes, 44% were sold under asking, 33% were sold at asking, and and 22% 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 Days2 Homes

Over 90 Days7 Homes

Insight

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

Summary: During June 2025, 9 homes were sold in Elm Springs Township; 0% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 78% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
155 DaysThis YearJun 2025
55 Days1 year agoJun 2024
+180.0 %
Change YoYJun 2024 – Jun 2025

Summary: Homes in Elm Springs Township had an average listing age of 155 days in Jun 2025, up by 180.0% 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?

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Nearby markets

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MLS Disclaimers and Copyright

Based on information from ArkansasONE MLS, for the period 07/01/2023 - 07/01/2025

Broker Reciprocity 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: 7/22/2025, 7:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.