Is 72022, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 72022 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 72022 was a Buyer's Market.

Key Takeaway

72022 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 72022, AR

How much do homes in 72022, AR cost?

Median Sold Price

$252,900

$150/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$58,450(+30.1%)

Key Takeaway

Homes in 72022 have sold for 30.1% more than they did a month ago.

Summary: The median home sold price in 72022 was $252,900 in November 2024, up 30.1% from last month, and the median price per square foot was $150.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $147.5K-
N/A
3 $204.9K$228.7K
+11.6%
4 -$375K
N/A
5+ --
N/A

Summary: 72022 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 increased by 11.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

72002
+82.2%
72022
+30.1%
72209
+9.6%
72015
+2.4%
72011
-22.9%

Housing Supply in 72022, AR

How many homes are available in 72022, AR?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7787+13.0%

Summary: The 72022 real estate market had 87 homes for sale in November 2024, a 13.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 20
-100.0%
3 5860
+3.4%
4 1522
+46.7%
5+ 25
+150.0%

Summary: The 72022 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 100%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 46.7%, and 5+ bedroom homes increased by 150%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1120+81.8%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 72022, you may be able to get a good deal. 57.9% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in 72022 in November 2024, up by 81.8% month-over-month. Of the 19 sold homes, 58% were sold under asking, 32% were sold at asking, and 11% were sold over asking.

Days on Market for 72022, 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 17 Days Ago

Newest Listings in 72022, AR

Nearby Markets to 72022, AR