Is 71953, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 71953 is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, 71953 was a Seller's Market.

Key Takeaway

71953 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 71953, AR

How much do homes in 71953, AR cost?

Median Sold Price

$154,500

$119/sqft

Based on all homes sold in September 2024.

Difference Since Last Month

-$32,187(-17.2%)

Key Takeaway

Homes in 71953 have sold for 17.2% less than they did a month ago.

Summary: The median home sold price in 71953 was $154,500 in September 2024, down 17.2% from last month, and the median price per square foot was $119.

Median Sold Price By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 --
N/A
2 $107K$140K
+30.8%
3 $187K$213.7K
+14.3%
4 $215K$79.5K
-63.0%
5+ $227.6K-
N/A

Summary: 71953 housing prices by bedroom type for September 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 30.8%, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 63%, and 5+ bedroom homes did not change.

Housing Supply in 71953, AR

How many homes are available in 71953, AR?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
124122-1.6%

Summary: The 71953 real estate market had 122 homes for sale in September 2024, a 1.6% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 22
0.0%
2 2222
0.0%
3 6363
0.0%
4 2524
-4.0%
5+ 1211
-8.3%

Summary: The 71953 housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 4%, and 5+ bedroom homes decreased by 8.3%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
2214-36.4%

Asking Price vs. Sold Price

14 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 71953, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in 71953 in September 2024, down by 36.4% month-over-month. Of the 14 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 71953, 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 Sep 1, 2024

Newest Listings in 71953, AR

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