Is 72012, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 72012 is a 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

$224,650

$150/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$53,450(-19.2%)

Key Takeaway

Homes in 72012 have sold for 19.2% less than they did a month ago.

Summary: The median home sold price in 72012 was $224,650 in October 2024, down 19.2% from last month, and the median price per square foot was $150.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $147K-
N/A
3 $206.3K$203.9K
-1.1%
4 $356.2K$335.8K
-5.7%
5+ --
N/A

Summary: 72012 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 1.1%, 4 bedroom homes decreased by 5.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

72102
+1491.4%
72176
-9.4%
72007
-10.5%
72012
-19.2%

Housing Supply in 72012, AR

How many homes are available in 72012, AR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5570+27.3%

Summary: The 72012 real estate market had 70 homes for sale in October 2024, a 27.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 3746
+24.3%
4 1520
+33.3%
5+ 00
0.0%

Summary: The 72012 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 increased by 33.3%, 3 bedroom homes increased by 24.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1216+33.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 72012, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.

Summary: A total of 16 homes were sold or pending in 72012 in October 2024, up by 33.3% month-over-month. Of the 15 sold homes, 27% were sold under asking, 40% were sold at asking, and 33% were sold over asking.

Days on Market for 72012, 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 13 Days Ago

Newest Listings in 72012, AR

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