Is 71964, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 71964 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 71964 has remained a Buyer's Market.

Key Takeaway

71964 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 71964, AR

How much do homes in 71964, AR cost?

Median Sold Price

$320,000

$211/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$219,000(-40.6%)

Key Takeaway

Homes in 71964 have sold for 40.6% less than they did a month ago.

Summary: The median home sold price in 71964 was $320,000 in October 2024, down 40.6% from last month, and the median price per square foot was $211.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $539K$320K
-40.6%
4 --
N/A
5+ --
N/A

Summary: 71964 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 decreased by 40.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

71913
-14.2%
71964
-40.6%
71968
-52.2%

Housing Supply in 71964, AR

How many homes are available in 71964, AR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1315+15.4%

Summary: The 71964 real estate market had 15 homes for sale in October 2024, a 15.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 89
+12.5%
4 34
+33.3%
5+ 11
0.0%

Summary: The 71964 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 remained the same, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 71964, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 71964 in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for 71964, 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 22 Days Ago

Newest Listings in 71964, AR

Nearby Markets to 71964, AR