Is 71743, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 71743 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 71743 was a Buyer's Market.

Key Takeaway

71743 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 71743, AR

How much do homes in 71743, AR cost?

Median Sold Price

$45,000

$38/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$17,500(+63.6%)

Key Takeaway

Homes in 71743 have sold for 63.6% more than they did a month ago.

Summary: The median home sold price in 71743 was $45,000 in October 2024, up 63.6% from last month, and the median price per square foot was $38.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$50K
N/A
3 $27.5K$40K
+45.5%
4 --
N/A
5+ --
N/A

Summary: 71743 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 45.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

71743
+63.6%
71923
+1.8%
71726
-47.6%

Housing Supply in 71743, AR

How many homes are available in 71743, AR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
89+12.5%

Summary: The 71743 real estate market had 9 homes for sale in October 2024, a 12.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 23
+50.0%
3 55
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The 71743 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 71743, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 71743 in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 71743, 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 21 Days Ago

Newest Listings in 71743, AR

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