Is Cadron Township, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Cadron Township has remained a Seller's Market.
Key Takeaway
Cadron Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Cadron Township, AR
How much do homes in Cadron Township, AR cost?
Median Sold Price
$299,900
$148/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Key Takeaway
Homes in Cadron Township have sold for 8.7% more than they did a month ago.
Summary: The median home sold price in Cadron Township was $299,900 in May 2024, up 8.7% from last month, and the median price per square foot was $148.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $225K | $127.7K | -43.2% |
| 3 Bedrooms | $215K | $269K | +25.1% |
| 4 Bedrooms | $414.5K | $417.4K | +0.7% |
| 5+ Bedrooms | $615K | $327K | -46.8% |
Summary: Cadron Township housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 43.2%, 3 bedroom homes increased by 25.1%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes decreased by 46.8%.
Median Sold Price Compared To Nearby Cities
| East Fork Township | $361.4K | $500K | +38.4% |
| Pine Mountain Township | $292K | $343.5K | +17.6% |
| Cadron Township | $276K | $299.9K | +8.7% |
| Conway | $278K | $297K | +6.8% |
| Palarm Township | $250K | $262.5K | +5.0% |
Housing Supply in Cadron Township, AR
How many homes are available in Cadron Township, AR?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 251 | 262 | +4.4% |
Summary: The Cadron Township real estate market had 262 homes for sale in May 2024, a 4.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 19 | 14 | -26.3% |
| 3 Bedrooms | 125 | 122 | -2.4% |
| 4 Bedrooms | 90 | 111 | +23.3% |
| 5+ Bedrooms | 17 | 15 | -11.8% |
Summary: The Cadron Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 26.3%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes increased by 23.3%, and 5+ bedroom homes decreased by 11.8%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 85 | 85 | 0.0% |
Asking Price vs. Sold Price
31 Homes Were Sold
Under Asking
37 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cadron Township, expect to pay close to the asking price. 46.8% of homes here sold near the asking price last month.
Summary: A total of 85 homes were sold or pending in Cadron Township in May 2024, the same as the previous month. Of the 79 sold homes, 39% were sold under asking, 47% were sold at asking, and 14% were sold over asking.
Days on Market for Cadron Township, AR
We’re sorry, we don't have information for this market at the moment
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© 2024 Cooperative Arkansas Realtors MLS. All Rights Reserved.