Is 72015, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 72015 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 72015 has remained a Seller's Market.

Key Takeaway

72015 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 72015, AR

How much do homes in 72015, AR cost?

Median Sold Price

$225,750

$140/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$5,250(+2.4%)

Key Takeaway

Homes in 72015 have sold for 2.4% more than they did a month ago.

Summary: The median home sold price in 72015 was $225,750 in November 2024, up 2.4% from last month, and the median price per square foot was $140.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $154.5K$135.5K
-12.3%
3 $210K$204.5K
-2.6%
4 $312.5K$343.9K
+10.0%
5+ $359.9K$305K
-15.3%

Summary: 72015 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 decreased by 12.3%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes increased by 10%, and 5+ bedroom homes decreased by 15.3%.

Median Sold Price Compared To Nearby Zip Codes

72022
+30.1%
72015
+2.4%
72019
-9.4%
72011
-22.9%

Housing Supply in 72015, AR

How many homes are available in 72015, AR?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
160150-6.3%

Summary: The 72015 real estate market had 150 homes for sale in November 2024, a 6.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 2016
-20.0%
3 9582
-13.7%
4 4148
+17.1%
5+ 44
0.0%

Summary: The 72015 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 decreased by 20%, 3 bedroom homes decreased by 13.7%, 4 bedroom homes increased by 17.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4630-34.8%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

14 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 72015, expect to pay close to the asking price. 46.7% of homes here sold near the asking price last month.

Summary: A total of 30 homes were sold or pending in 72015 in November 2024, down by 34.8% month-over-month. Of the 30 sold homes, 43% were sold under asking, 47% were sold at asking, and 10% were sold over asking.

Days on Market for 72015, AR

How long does it take to sell a home in 72015, AR?

Average Sale Time

Oct 2024Nov 2024CHANGE
35 Days79 Days+124.1%

Summary: Homes in 72015 had an average of 79 days on market in Nov 2024, up by 124.1% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 72015 has remained consistent over time.

Summary: During November 2024, 30 homes were sold in 72015; 0% of homes were sold within 30 days, 3% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 10 Days Ago

Newest Listings in 72015, AR

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