Is 71744, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 71744 is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, 71744 was a Seller's Market.

Key Takeaway

71744 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 71744, AR

How much do homes in 71744, AR cost?

Median Sold Price

$28,500

$13/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$224,500(-88.7%)

Key Takeaway

Homes in 71744 have sold for 88.7% less than they did a month ago.

Summary: The median home sold price in 71744 was $28,500 in October 2024, down 88.7% from last month, and the median price per square foot was $13.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $253K$28.5K
-88.7%
4 --
N/A
5+ --
N/A

Summary: 71744 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 decreased by 88.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 71744, AR

How many homes are available in 71744, AR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
109-10.0%

Summary: The 71744 real estate market had 9 homes for sale in October 2024, a 10.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 33
0.0%
3 76
-14.3%
4 00
0.0%
5+ 00
0.0%

Summary: The 71744 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 remained the same, 3 bedroom homes decreased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was 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 71744, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 71744 in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 71744, 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 71744, AR

Nearby Markets to 71744, AR