Is 71762, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 71762 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 71762 has remained a Buyer's Market.

Key Takeaway

71762 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 71762, AR

How much do homes in 71762, AR cost?

Median Sold Price

$291,000

$87/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$232,500(+397.4%)

Key Takeaway

Homes in 71762 have sold for 397.4% more than they did a month ago.

Summary: The median home sold price in 71762 was $291,000 in October 2024, up 397.4% from last month, and the median price per square foot was $87.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $58.5K-
N/A
3 -$291K
N/A
4 --
N/A
5+ --
N/A

Summary: 71762 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

71762
+397.4%
71730
-18.9%

Housing Supply in 71762, AR

How many homes are available in 71762, AR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
98-11.1%

Summary: The 71762 real estate market had 8 homes for sale in October 2024, a 11.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 22
0.0%
4 44
0.0%
5+ 00
0.0%

Summary: The 71762 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 decreased by 33.3%, 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
110.0%

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 71762, 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 71762 in October 2024, the same as the previous 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 71762, 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 23 Days Ago

Newest Listings in 71762, AR

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