Is 71913, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 71913 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 71913 has remained a Buyer's Market.

Key Takeaway

71913 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 71913, AR

How much do homes in 71913, AR cost?

Median Sold Price

$305,000

$157/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$76,000(+33.2%)

Key Takeaway

Homes in 71913 have sold for 33.2% more than they did a month ago.

Summary: The median home sold price in 71913 was $305,000 in December 2024, up 33.2% from last month, and the median price per square foot was $157.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 $249K$239.5K
-3.8%
3 $217K$259K
+19.4%
4 $460K$370K
-19.6%
5+ $1.3M-
N/A

Summary: 71913 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 decreased by 3.8%, 3 bedroom homes increased by 19.4%, 4 bedroom homes decreased by 19.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

71929
+675.3%
71968
+118.6%
71901
+33.9%
71913
+33.2%

Housing Supply in 71913, AR

How many homes are available in 71913, AR?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
380386+1.6%

Summary: The 71913 real estate market had 386 homes for sale in December 2024, a 1.6% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 711
+57.1%
2 109105
-3.7%
3 146146
0.0%
4 8792
+5.7%
5+ 3132
+3.2%

Summary: The 71913 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 57.1%, 2 bedroom homes decreased by 3.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 3.2%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
4147+14.6%

Asking Price vs. Sold Price

33 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 71913, you may be able to get a good deal. 80.5% of homes here sold below asking price last month.

Summary: A total of 47 homes were sold or pending in 71913 in December 2024, up by 14.6% month-over-month. Of the 41 sold homes, 80% were sold under asking, 7% were sold at asking, and 12% were sold over asking.

Days on Market for 71913, 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 4 Days Ago

Newest Listings in 71913, AR

Nearby Markets to 71913, AR