Is 72034, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 72034 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 72034 has remained a Seller's Market.

Key Takeaway

72034 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 72034, AR

How much do homes in 72034, AR cost?

Median Sold Price

$287,000

$158/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$4,500(+1.6%)

Key Takeaway

Homes in 72034 have sold for 1.6% more than they did a month ago.

Summary: The median home sold price in 72034 was $287,000 in November 2024, up 1.6% from last month, and the median price per square foot was $158.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $154K$225K
+46.1%
3 $255K$237.9K
-6.7%
4 $383K$395.2K
+3.2%
5+ $517K$560K
+8.3%

Summary: 72034 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 increased by 46.1%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes increased by 8.3%.

Median Sold Price Compared To Nearby Zip Codes

72034
+1.6%
72032
-2.1%
72106
-6.9%

Housing Supply in 72034, AR

How many homes are available in 72034, AR?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
181170-6.1%

Summary: The 72034 real estate market had 170 homes for sale in November 2024, a 6.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 88
0.0%
3 9077
-14.4%
4 7073
+4.3%
5+ 1312
-7.7%

Summary: The 72034 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 remained the same, 3 bedroom homes decreased by 14.4%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes decreased by 7.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
5332-39.6%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 72034, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 32 homes were sold or pending in 72034 in November 2024, down by 39.6% month-over-month. Of the 30 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.

Days on Market for 72034, 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 21 Days Ago

Newest Listings in 72034, AR

Nearby Markets to 72034, AR