$175,000
3.00 Acres
Land
#24045413, Connie Nutt, Listing Office: McKimmey Associates REALTORS NLR
Is 72023, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 72023 was a Seller's Market.
Key Takeaway
72023 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 72023, AR
How much do homes in 72023, AR cost?
Median Sold Price
$296,429
$150/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$52,529(+21.5%)
Key Takeaway
Homes in 72023 have sold for 21.5% more than they did a month ago.
Summary: The median home sold price in 72023 was $296,429 in November 2024, up 21.5% from last month, and the median price per square foot was $150.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $243.1K | $240K | -1.3% |
| 4 Bedrooms | $238K | $349.9K | +47.0% |
| 5+ Bedrooms | $477.7K | $462.4K | -3.2% |
Summary: 72023 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 1.3%, 4 bedroom homes increased by 47%, and 5+ bedroom homes decreased by 3.2%.
Housing Supply in 72023, AR
How many homes are available in 72023, AR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 201 | 236 | +17.4% |
Summary: The 72023 real estate market had 236 homes for sale in November 2024, a 17.4% 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 | 2 | 7 | +250.0% |
| 3 Bedrooms | 103 | 118 | +14.6% |
| 4 Bedrooms | 81 | 94 | +16.0% |
| 5+ Bedrooms | 15 | 17 | +13.3% |
Summary: The 72023 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 250%, 3 bedroom homes increased by 14.6%, 4 bedroom homes increased by 16%, and 5+ bedroom homes increased by 13.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 41 | 34 | -17.1% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 72023, expect to pay close to the asking price. 47.1% of homes here sold near the asking price last month.
Summary: A total of 34 homes were sold or pending in 72023 in November 2024, down by 17.1% month-over-month. Of the 34 sold homes, 41% were sold under asking, 47% were sold at asking, and 12% were sold over asking.
Days on Market for 72023, 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.