Is 72113, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 72113 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 72113 has remained a Seller's Market.

Key Takeaway

72113 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 72113, AR

How much do homes in 72113, AR cost?

Median Sold Price

$299,900

$149/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$18,650(+6.6%)

Key Takeaway

Homes in 72113 have sold for 6.6% more than they did a month ago.

Summary: The median home sold price in 72113 was $299,900 in October 2024, up 6.6% from last month, and the median price per square foot was $149.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $172.7K$115K
-33.4%
3 $256.2K$274.9K
+7.3%
4 $420K$429.9K
+2.4%
5+ -$562.5K
N/A

Summary: 72113 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 decreased by 33.4%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

72223
+25.5%
72118
+12.7%
72113
+6.6%
72227
-9.3%
72106
-27.2%

Housing Supply in 72113, AR

How many homes are available in 72113, AR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
128137+7.0%

Summary: The 72113 real estate market had 137 homes for sale in October 2024, a 7.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 109
-10.0%
3 5756
-1.8%
4 5061
+22.0%
5+ 1111
0.0%

Summary: The 72113 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 10%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes increased by 22%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2937+27.6%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

13 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 72113, you may be able to get a good deal. 45.9% of homes here sold below asking price last month.

Summary: A total of 37 homes were sold or pending in 72113 in October 2024, up by 27.6% month-over-month. Of the 37 sold homes, 46% were sold under asking, 35% were sold at asking, and 19% were sold over asking.

Days on Market for 72113, 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 72113, AR

Nearby Markets to 72113, AR