Is 72104, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 72104 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 72104 has remained a Seller's Market.

Key Takeaway

72104 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 72104, AR

How much do homes in 72104, AR cost?

Median Sold Price

$155,000

$115/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$20,000(-11.4%)

Key Takeaway

Homes in 72104 have sold for 11.4% less than they did a month ago.

Summary: The median home sold price in 72104 was $155,000 in November 2024, down 11.4% from last month, and the median price per square foot was $115.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $123K$115K
-6.5%
3 $175K$179.6K
+2.6%
4 $189K$247.5K
+31.0%
5+ --
N/A

Summary: 72104 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 decreased by 6.5%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 31%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

72084
+2.7%
72104
-11.4%

Housing Supply in 72104, AR

How many homes are available in 72104, AR?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7072+2.9%

Summary: The 72104 real estate market had 72 homes for sale in November 2024, a 2.9% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 1822
+22.2%
3 3532
-8.6%
4 1313
0.0%
5+ 23
+50.0%

Summary: The 72104 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 22.2%, 3 bedroom homes decreased by 8.6%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
13130.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 72104, you may be able to get a good deal. 46.2% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in 72104 in November 2024, the same as the previous month. Of the 13 sold homes, 46% were sold under asking, 23% were sold at asking, and 31% were sold over asking.

Days on Market for 72104, 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 72104, AR

Nearby Markets to 72104, AR