Is 71852, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 71852 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 71852 has remained a Buyer's Market.

Key Takeaway

71852 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 71852, AR

How much do homes in 71852, AR cost?

Median Sold Price

$280,000

$98/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$87,550(+45.5%)

Key Takeaway

Homes in 71852 have sold for 45.5% more than they did a month ago.

Summary: The median home sold price in 71852 was $280,000 in December 2024, up 45.5% from last month, and the median price per square foot was $98.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 -$305K
N/A
3 $192.4K-
N/A
4 -$241.7K
N/A
5+ --
N/A

Summary: 71852 housing prices by bedroom type for December 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.

Housing Supply in 71852, AR

How many homes are available in 71852, AR?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
3029-3.3%

Summary: The 71852 real estate market had 29 homes for sale in December 2024, a 3.3% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 44
0.0%
3 1514
-6.7%
4 1010
0.0%
5+ 11
0.0%

Summary: The 71852 housing inventory by bedroom type for December 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 6.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 71852, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 71852 in December 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for 71852, 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 2 Days Ago

Newest Listings in 71852, AR

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