Listing Office: Coldwell Banker Harris McHaney & Faucette -Fayette
Elm Springs Township Housing Market Report December 2024•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 December 2023
At the same time last year, Elm Springs Township was a Seller's Market.
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
Based on all homes sold in the last 12 months
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 December 2024, up 4.6% from last year, and the median price per square foot was $225.
Median Sold Price By City
City | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
Elm Springs | $645K | $685K | +6.2% |
Elm Springs Township | $650K | $680K | +4.6% |
Springdale | $322.1K | $324.9K | +0.9% |
Tontitown | $485K | $478.4K | -1.4% |
Tontitown Township | $480K | $472.5K | -1.6% |
Median Sold Price By Bedrooms
Beds | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
11 Bedroom | - | - | N/A |
22 Bedrooms | $162.5K | $182.5K | +12.3% |
33 Bedrooms | $470K | $475K | +1.1% |
44 Bedrooms | $650K | $680K | +4.6% |
55+ Bedrooms | $699.9K | $765K | +9.3% |
Summary: Elm Springs Township housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +12.3%. The home price for 3 bedroom homes increased by +1.1%. The home price for 4 bedroom homes increased by +4.6%. The home price for 5 bedroom homes increased by +9.3%.
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 |
---|---|---|
19Last MonthDec 2024 | ||
142 months agoNov 2024 | +35.7 % Change MoMNov – Dec |
Summary: The Elm Springs Township real estate market had 19 homes for sale in Dec 2024, a 35.7 % increase compared to Nov 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
2Last MonthDec 2024 | ||
62 months agoNov 2024 | -66.7 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 0 | 0 | 0.0% |
33 Bedrooms | 3 | 4 | +33.3% |
44 Bedrooms | 9 | 13 | +44.4% |
55+ Bedrooms | 2 | 2 | 0.0% |
Summary: Elm Springs Township housing inventory by bedroom type for December 2024, 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 increased by +33.3%. The inventory for 4 bedroom homes increased by +44.4%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Elm Springs Township, AR cost?
Over Asking Price0 Home
At Asking Price2 Homes
Under Asking Price0 Home
If you're buying a home in Elm Springs Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Elm Springs Township in December 2024, down by 66.7% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and and 0% 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 Days0 Home
Avg time on Rocket Homes in Elm Springs Township has remained consistent over time.
Summary: During December 2024, 2 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 |
---|---|---|
54 DaysThis YearDec 2024 | ||
254 Days1 year agoDec 2023 | -78.8 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Elm Springs Township had an average listing age of 54 days in Dec 2024, down by 78.8% 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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MLS Disclaimers and Copyright
Based on information from Northwest Arkansas Board of Realtors MLS / Arkansas Regional MLS LLC, for the period 01/01/2023 - 01/01/2025
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 10:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.