$1,722 Closing Credit*
$145,000
1,207 SqFt
2 Beds
•2 Full Baths
#25000108, Shahmarie Afkhami, Listing Office: McGraw Realtors - HS
Is 71901, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 71901 was a Seller's Market.
Key Takeaway
71901 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 71901, AR
How much do homes in 71901, AR cost?
Median Sold Price
$395,000
$164/sqft
Based on all homes sold in December 2024.
Difference Since Last Month
+$100,000(+33.9%)
Key Takeaway
Homes in 71901 have sold for 33.9% more than they did a month ago.
Summary: The median home sold price in 71901 was $395,000 in December 2024, up 33.9% from last month, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $96K | $150K | +56.3% |
| 3 Bedrooms | $230K | $299.5K | +30.2% |
| 4 Bedrooms | $369.9K | $662.5K | +79.1% |
| 5+ Bedrooms | $600K | $396K | -34.0% |
Summary: 71901 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 increased by 56.3%, 3 bedroom homes increased by 30.2%, 4 bedroom homes increased by 79.1%, and 5+ bedroom homes decreased by 34%.
Housing Supply in 71901, AR
How many homes are available in 71901, AR?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 146 | 131 | -10.3% |
Summary: The 71901 real estate market had 131 homes for sale in December 2024, a 10.3% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 28 | 25 | -10.7% |
| 3 Bedrooms | 62 | 55 | -11.3% |
| 4 Bedrooms | 29 | 26 | -10.3% |
| 5+ Bedrooms | 25 | 22 | -12.0% |
Summary: The 71901 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 10.7%, 3 bedroom homes decreased by 11.3%, 4 bedroom homes decreased by 10.3%, and 5+ bedroom homes decreased by 12%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 37 | 16 | -56.8% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 71901, you may be able to get a good deal. 73.3% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in 71901 in December 2024, down by 56.8% month-over-month. Of the 15 sold homes, 73% were sold under asking, 13% were sold at asking, and 13% were sold over asking.
Days on Market for 71901, AR
We’re sorry, we don't have information for this market at the moment
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© 2025 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.