Is 72032, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 72032 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 72032 has remained a Seller's Market.

Key Takeaway

72032 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 72032, AR

How much do homes in 72032, AR cost?

Median Sold Price

$215,062

$142/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$12,387(-5.4%)

Key Takeaway

Homes in 72032 have sold for 5.4% less than they did a month ago.

Summary: The median home sold price in 72032 was $215,062 in October 2024, down 5.4% from last month, and the median price per square foot was $142.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 -$95K
N/A
2 -$163K
N/A
3 $214.9K$208K
-3.2%
4 $240K$233K
-2.9%
5+ $305K$760K
+149.2%

Summary: 72032 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 decreased by 3.2%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes increased by 149.2%.

Median Sold Price Compared To Nearby Zip Codes

72173
+39.5%
72032
-5.4%
72034
-9.9%
72106
-27.2%

Housing Supply in 72032, AR

How many homes are available in 72032, AR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
108113+4.6%

Summary: The 72032 real estate market had 113 homes for sale in October 2024, a 4.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 38
+166.7%
3 6364
+1.6%
4 3432
-5.9%
5+ 78
+14.3%

Summary: The 72032 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 166.7%, 3 bedroom homes increased by 1.6%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2835+25.0%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 72032, you may be able to get a good deal. 44.1% of homes here sold below asking price last month.

Summary: A total of 35 homes were sold or pending in 72032 in October 2024, up by 25.0% month-over-month. Of the 34 sold homes, 44% were sold under asking, 29% were sold at asking, and 26% were sold over asking.

Days on Market for 72032, 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 20 Days Ago

Newest Listings in 72032, AR

Nearby Markets to 72032, AR