#25003685, Denise Hipskind, Listing Office: IRealty Arkansas - Benton
Salem Township Housing Market Report December 2024•Saline County, Arkansas
Housing Prices in Salem Township, AR
How much do homes in Salem Township, AR cost?
Housing Market Conditions
Is Salem Township, AR a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Salem Township is a Seller's Market
Difference Since November 2024
Last month, Salem Township has remained a Seller's Market.
Salem Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in December 2024
Homes in Salem Township have sold for 31% less than they did a month ago.
Summary: The median home sold price in Salem Township was $290,000 in December 2024, down 31% from last month, and the median price per square foot was $145.
Median Sold Price By City
City | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
Owen Township | $355K | $343.4K | -3.3% |
Bauxite Township | $240K | $227K | -5.4% |
Benton | $274.5K | $240K | -12.6% |
Salem Township | $420K | $290K | -31.0% |
Beaver Township | $449.5K | $275K | -38.8% |
Median Sold Price By Bedrooms
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
33 Bedrooms | $211K | $218.7K | +3.7% |
44 Bedrooms | $492.5K | $365.9K | -25.7% |
11 Bedroom | - | - | N/A |
22 Bedrooms | $199.9K | $27.5K | -86.2% |
55+ Bedrooms | - | $460K | N/A |
Summary: Salem Township housing price by bedroom type for December 2024, compared to the previous month. The home price for 3 bedroom homes increased by +3.7%. The home price for 4 bedroom homes decreased by -25.7%. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -86.2%. The home price for 5 bedroom homes did not change.
Housing supply in Salem Township, AR
How many homes are available in Salem Township, AR?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
63Last MonthDec 2024 | ||
672 months agoNov 2024 | -6.0 % Change MoMNov – Dec |
Summary: The Salem Township real estate market had 63 homes for sale in Dec 2024, a 6.0 % decrease compared to Nov 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
14Last MonthDec 2024 | ||
172 months agoNov 2024 | -17.6 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
33 Bedrooms | 24 | 23 | -4.2% |
44 Bedrooms | 36 | 33 | -8.3% |
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 5 | 3 | -40.0% |
55+ Bedrooms | 2 | 4 | +100.0% |
Summary: Salem Township housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 3 bedroom homes decreased by -4.2%. The inventory for 4 bedroom homes decreased by -8.3%. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -40.0%. The inventory for 5 bedroom homes increased by +100.0%.
Asking Price vs. Sold Price
How much do homes in Salem Township, AR cost?
Over Asking Price3 Homes
At Asking Price3 Homes
Under Asking Price7 Homes
If you're buying a home in Salem Township, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Salem Township in December 2024, down by 17.6% month-over-month. Of the 13 sold homes, 54% were sold under asking, 23% were sold at asking, and and 23% were sold over asking.
Days on Market for Salem Township, AR
How long does it take to sell a home in Salem Township, AR?
Average Sale Time
Last Month | 1 month ago | Change MoM |
---|---|---|
0 DaysLast MonthDec 2024 | ||
63 Days1 month agoNov 2024 | 0.0 % Change MoMNov – Dec |
Summary: Homes in Salem Township had an average listing age of 0 days in Dec 2024, down by .0% compared to the previous month.
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Newest Listings in Salem Township, AR
What homes are available in Salem Township, AR?
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Based on information from Cooperative Arkansas REALTORS® MLS, Northwest Arkansas Board of Realtors MLS / Arkansas Regional MLS LLC, and Southern Missouri Regional MLS for the period 11/01/2024 - 01/01/2025
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Last updated on: 1/29/2025, 3:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Last updated on: 1/29/2025, 3:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:13:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.