Is 71730, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 71730 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 71730 was a Buyer's Market.

Key Takeaway

71730 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 71730, AR

How much do homes in 71730, AR cost?

Median Sold Price

$202,000

$100/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$52,000(+34.7%)

Key Takeaway

Homes in 71730 have sold for 34.7% more than they did a month ago.

Summary: The median home sold price in 71730 was $202,000 in November 2024, up 34.7% from last month, and the median price per square foot was $100.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $58.5K$72.2K
+23.5%
3 $155K$125K
-19.4%
4 $537.5K$354.5K
-34.0%
5+ $192.5K$477K
+147.8%

Summary: 71730 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 23.5%, 3 bedroom homes decreased by 19.4%, 4 bedroom homes decreased by 34%, and 5+ bedroom homes increased by 147.8%.

Housing Supply in 71730, AR

How many homes are available in 71730, AR?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
111103-7.2%

Summary: The 71730 real estate market had 103 homes for sale in November 2024, a 7.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1712
-29.4%
3 5453
-1.9%
4 3130
-3.2%
5+ 98
-11.1%

Summary: The 71730 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 29.4%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes decreased by 3.2%, and 5+ bedroom homes decreased by 11.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1620+25.0%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 71730, you may be able to get a good deal. 64.7% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in 71730 in November 2024, up by 25.0% month-over-month. Of the 17 sold homes, 65% were sold under asking, 18% were sold at asking, and 18% were sold over asking.

Days on Market for 71730, AR

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 3 Days Ago

Newest Listings in 71730, AR

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