$1,008 Closing Credit*
$84,900
1,560 SqFt
4 Beds
•2 Full Baths
#24045377, Mark Williams, Listing Office: Keller Williams Realty Central
Is 72118, 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, 72118 was a Seller's Market.
Key Takeaway
72118 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 72118, AR
How much do homes in 72118, AR cost?
Median Sold Price
$129,200
$86/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$14,000(-9.8%)
Key Takeaway
Homes in 72118 have sold for 9.8% less than they did a month ago.
Summary: The median home sold price in 72118 was $129,200 in November 2024, down 9.8% from last month, and the median price per square foot was $86.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $100.5K | $122.5K | +21.9% |
| 3 Bedrooms | $142.4K | $134.3K | -5.7% |
| 4 Bedrooms | $230.2K | $150K | -34.9% |
| 5+ Bedrooms | - | - | N/A |
Summary: 72118 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 21.9%, 3 bedroom homes decreased by 5.7%, 4 bedroom homes decreased by 34.9%, and 5+ bedroom homes did not change.
Housing Supply in 72118, AR
How many homes are available in 72118, AR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 83 | 94 | +13.3% |
Summary: The 72118 real estate market had 94 homes for sale in November 2024, a 13.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 15 | 19 | +26.7% |
| 3 Bedrooms | 62 | 70 | +12.9% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 72118 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 26.7%, 3 bedroom homes increased by 12.9%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 16 | 0.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 72118, you may be able to get a good deal. 64.3% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in 72118 in November 2024, the same as the previous month. Of the 14 sold homes, 64% were sold under asking, 14% were sold at asking, and 21% were sold over asking.
Days on Market for 72118, 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.