$2,969 Closing Credit*
$250,000
1,852 SqFt
4 Beds
•3 Full Baths
#24042124, Jonathan Sketas, Listing Office: Big Little Brokerage
Is 72002, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 72002 was a Neutral Market.
Key Takeaway
72002 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 72002, AR
How much do homes in 72002, AR cost?
Median Sold Price
$229,500
$152/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$140,500(-38.0%)
Key Takeaway
Homes in 72002 have sold for 38% less than they did a month ago.
Summary: The median home sold price in 72002 was $229,500 in October 2024, down 38% from last month, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $89K | $229K | +157.3% |
| 3 Bedrooms | $213.9K | $211.5K | -1.1% |
| 4 Bedrooms | $544.9K | $340K | -37.6% |
| 5+ Bedrooms | $567.5K | $679.9K | +19.8% |
Summary: 72002 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 increased by 157.3%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes decreased by 37.6%, and 5+ bedroom homes increased by 19.8%.
Housing Supply in 72002, AR
How many homes are available in 72002, AR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 125 | 132 | +5.6% |
Summary: The 72002 real estate market had 132 homes for sale in October 2024, a 5.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 59 | 64 | +8.5% |
| 4 Bedrooms | 52 | 55 | +5.8% |
| 5+ Bedrooms | 11 | 11 | 0.0% |
Summary: The 72002 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 33.3%, 3 bedroom homes increased by 8.5%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 33 | +73.7% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 72002, expect to pay close to the asking price. 53.3% of homes here sold near the asking price last month.
Summary: A total of 33 homes were sold or pending in 72002 in October 2024, up by 73.7% month-over-month. Of the 30 sold homes, 37% were sold under asking, 53% were sold at asking, and 10% were sold over asking.
Days on Market for 72002, AR
We’re sorry, we don't have information for this market at the moment
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Cooperative Arkansas REALTORS® Multiple Listing Services, Inc. Real estate listings, held by brokerage firms other than this broker, are marked with the Broker Reciprocity℠ logo and information about them includes the name of the listing brokers. The IDX information is provided exclusively for consumers’ personal, non-commercial use that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2024 Cooperative Arkansas Realtors MLS. All Rights Reserved.