Is 71929, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 71929 is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, 71929 was a Seller's Market.

Key Takeaway

71929 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 71929, AR

How much do homes in 71929, AR cost?

Median Sold Price

$15,000

$23/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$142,087(-90.5%)

Key Takeaway

Homes in 71929 have sold for 90.5% less than they did a month ago.

Summary: The median home sold price in 71929 was $15,000 in November 2024, down 90.5% from last month, and the median price per square foot was $23.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $229K$15K
-93.4%
3 $85.1K-
N/A
4 --
N/A
5+ --
N/A

Summary: 71929 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 93.4%, 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

71913
-15.3%
71964
-35.9%
71929
-90.5%

Housing Supply in 71929, AR

How many homes are available in 71929, AR?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1013+30.0%

Summary: The 71929 real estate market had 13 homes for sale in November 2024, a 30.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 79
+28.6%
4 01
+100.0%
5+ 11
0.0%

Summary: The 71929 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 28.6%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 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 71929, 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 71929 in November 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 71929, 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 71929, AR

Nearby Markets to 71929, AR