Is 72121, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 72121 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 72121 was a Buyer's Market.

Key Takeaway

72121 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 72121, AR

How much do homes in 72121, AR cost?

Median Sold Price

$192,000

$99/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$67,000(+53.6%)

Key Takeaway

Homes in 72121 have sold for 53.6% more than they did a month ago.

Summary: The median home sold price in 72121 was $192,000 in November 2024, up 53.6% from last month, and the median price per square foot was $99.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $125K$118.9K
-4.8%
3 -$192K
N/A
4 --
N/A
5+ --
N/A

Summary: 72121 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 4.8%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

72121
+53.6%
72081
+40.8%
72543
+12.8%

Housing Supply in 72121, AR

How many homes are available in 72121, AR?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1112+9.1%

Summary: The 72121 real estate market had 12 homes for sale in November 2024, a 9.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 55
0.0%
3 56
+20.0%
4 11
0.0%
5+ 00
0.0%

Summary: The 72121 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 increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 72121, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in 72121 in November 2024, up by 200.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 67% were sold at asking, and 33% were sold over asking.

Days on Market for 72121, 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 18 Days Ago

Newest Listings in 72121, AR

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