Is 71937, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 71937 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 71937 was a Buyer's Market.

Key Takeaway

71937 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 71937, AR

How much do homes in 71937, AR cost?

Median Sold Price

$484,950

$197/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$384,950(+384.9%)

Key Takeaway

Homes in 71937 have sold for 385% more than they did a month ago.

Summary: The median home sold price in 71937 was $484,950 in October 2024, up 384.9% from last month, and the median price per square foot was $197.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $100K-
N/A
3 -$325K
N/A
4 -$644.9K
N/A
5+ --
N/A

Summary: 71937 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

71937
+384.9%
71953
+23.4%

Housing Supply in 71937, AR

How many homes are available in 71937, AR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
89+12.5%

Summary: The 71937 real estate market had 9 homes for sale in October 2024, a 12.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 10
-100.0%
3 35
+66.7%
4 11
0.0%
5+ 22
0.0%

Summary: The 71937 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 100%, 3 bedroom homes increased by 66.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 Homes Were 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 71937, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 71937 in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 71937, 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 71937, AR

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