Is 72019, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 72019 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 72019 has remained a Seller's Market.

Key Takeaway

72019 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 72019, AR

How much do homes in 72019, AR cost?

Median Sold Price

$350,000

$163/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$67,500(+23.9%)

Key Takeaway

Homes in 72019 have sold for 23.9% more than they did a month ago.

Summary: The median home sold price in 72019 was $350,000 in October 2024, up 23.9% from last month, and the median price per square foot was $163.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $161.5K-
N/A
3 $243K$296K
+21.8%
4 $370.6K$374K
+0.9%
5+ $492.5K$704.9K
+43.1%

Summary: 72019 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 increased by 21.8%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes increased by 43.1%.

Median Sold Price Compared To Nearby Zip Codes

72122
+33.5%
72019
+23.9%
72002
-38.0%

Housing Supply in 72019, AR

How many homes are available in 72019, AR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
157174+10.8%

Summary: The 72019 real estate market had 174 homes for sale in October 2024, a 10.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 67
+16.7%
3 6772
+7.5%
4 7484
+13.5%
5+ 1011
+10.0%

Summary: The 72019 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 16.7%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 13.5%, and 5+ bedroom homes increased by 10%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3840+5.3%

Asking Price vs. Sold Price

18 Homes Were Sold
Under Asking

15 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 72019, you may be able to get a good deal. 46.2% of homes here sold below asking price last month.

Summary: A total of 40 homes were sold or pending in 72019 in October 2024, up by 5.3% month-over-month. Of the 39 sold homes, 46% were sold under asking, 38% were sold at asking, and 15% were sold over asking.

Days on Market for 72019, AR

How long does it take to sell a home in 72019, AR?

Average Sale Time

Sep 2024Oct 2024CHANGE
109 Days61 Days-43.6%

Summary: Homes in 72019 had an average of 61 days on market in Oct 2024, down by 43.6% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 72019 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 40 homes were sold in 72019; 5% of homes were sold within 30 days, 3% of homes were sold within 30 to 90 days, and 5% 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 16 Days Ago

Newest Listings in 72019, AR

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