$6,947 Closing Credit*
$585,000
3,515 SqFt
4 Beds
•3 Full Baths, 1 Partial
#24042281, Steve Clemons, Listing Office: Capital Sotheby's International Realty
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
$245,676
$144/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$5,776(+2.4%)
Key Takeaway
Homes in 72023 have sold for 2.4% more than they did a month ago.
Summary: The median home sold price in 72023 was $245,676 in October 2024, up 2.4% from last month, and the median price per square foot was $144.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $198.9K | - | N/A |
| 3 Bedrooms | $199.2K | $242.3K | +21.7% |
| 4 Bedrooms | $311.8K | $238K | -23.7% |
| 5+ Bedrooms | $468K | $477.7K | +2.1% |
Summary: 72023 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 21.7%, 4 bedroom homes decreased by 23.7%, and 5+ bedroom homes increased by 2.1%.
Housing Supply in 72023, AR
How many homes are available in 72023, AR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 203 | 223 | +9.9% |
Summary: The 72023 real estate market had 223 homes for sale in October 2024, a 9.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 2 | -60.0% |
| 3 Bedrooms | 106 | 114 | +7.5% |
| 4 Bedrooms | 79 | 91 | +15.2% |
| 5+ Bedrooms | 13 | 16 | +23.1% |
Summary: The 72023 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 decreased by 60%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 15.2%, and 5+ bedroom homes increased by 23.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 49 | 37 | -24.5% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
17 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 72023, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 37 homes were sold or pending in 72023 in October 2024, down by 24.5% month-over-month. Of the 34 sold homes, 32% were sold under asking, 50% were sold at asking, and 18% 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.