$2,672 Closing Credit*
$225,000
1,616 SqFt
3 Beds
•1 Full Bath, 1 Partial
#24045279, Jim Young, Listing Office: Edge Realty
Is 72012, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 72012 has remained a Seller's Market.
Key Takeaway
72012 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 72012, AR
How much do homes in 72012, AR cost?
Median Sold Price
$198,422
$131/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$26,227(-11.7%)
Key Takeaway
Homes in 72012 have sold for 11.7% less than they did a month ago.
Summary: The median home sold price in 72012 was $198,422 in November 2024, down 11.7% from last month, and the median price per square foot was $131.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $203.9K | $162K | -20.6% |
| 4 Bedrooms | $335.8K | $282.5K | -15.9% |
| 5+ Bedrooms | - | - | N/A |
Summary: 72012 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 did not change, 3 bedroom homes decreased by 20.6%, 4 bedroom homes decreased by 15.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 72176 | $203.5K | $206.5K | +1.5% |
| 72012 | $224.6K | $198.4K | -11.7% |
Housing Supply in 72012, AR
How many homes are available in 72012, AR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 66 | 72 | +9.1% |
Summary: The 72012 real estate market had 72 homes for sale in November 2024, a 9.1% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 8 | +100.0% |
| 3 Bedrooms | 42 | 45 | +7.1% |
| 4 Bedrooms | 20 | 19 | -5.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 72012 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 increased by 100%, 3 bedroom homes increased by 7.1%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 17 | +13.3% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 72012, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in 72012 in November 2024, up by 13.3% month-over-month. Of the 16 sold homes, 63% were sold under asking, 31% were sold at asking, and 6% were sold over asking.
Days on Market for 72012, 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.