$1,484 Closing Credit*
$125,000
1,853 SqFt
3 Beds
•1 Full Bath, 1 Partial
#24042205, Christine Johnson, Listing Office: IRealty Arkansas - Sherwood
Is 72120, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 72120 has remained a Seller's Market.
Key Takeaway
72120 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 72120, AR
How much do homes in 72120, AR cost?
Median Sold Price
$229,900
$145/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$7,600(-3.2%)
Key Takeaway
Homes in 72120 have sold for 3.2% less than they did a month ago.
Summary: The median home sold price in 72120 was $229,900 in October 2024, down 3.2% from last month, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $262.4K | N/A |
| 3 Bedrooms | $220K | $201.9K | -8.2% |
| 4 Bedrooms | $337.5K | $346K | +2.5% |
| 5+ Bedrooms | $248K | $341.2K | +37.6% |
Summary: 72120 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 8.2%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes increased by 37.6%.
Housing Supply in 72120, AR
How many homes are available in 72120, AR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 166 | 173 | +4.2% |
Summary: The 72120 real estate market had 173 homes for sale in October 2024, a 4.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 2 | 5 | +150.0% |
| 3 Bedrooms | 98 | 92 | -6.1% |
| 4 Bedrooms | 53 | 62 | +17.0% |
| 5+ Bedrooms | 13 | 13 | 0.0% |
Summary: The 72120 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 150%, 3 bedroom homes decreased by 6.1%, 4 bedroom homes increased by 17%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 41 | 52 | +26.8% |
Asking Price vs. Sold Price
27 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 72120, you may be able to get a good deal. 52.9% of homes here sold below asking price last month.
Summary: A total of 52 homes were sold or pending in 72120 in October 2024, up by 26.8% month-over-month. Of the 51 sold homes, 53% were sold under asking, 25% were sold at asking, and 22% were sold over asking.
Days on Market for 72120, 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.