Is 72143, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 72143 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 72143 has remained a Seller's Market.

Key Takeaway

72143 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 72143, AR

How much do homes in 72143, AR cost?

Median Sold Price

$188,000

$123/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$29,750(-13.7%)

Key Takeaway

Homes in 72143 have sold for 13.7% less than they did a month ago.

Summary: The median home sold price in 72143 was $188,000 in November 2024, down 13.7% from last month, and the median price per square foot was $123.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $93.5K$158.7K
+69.8%
3 $196K$195K
-0.5%
4 $276.4K$330K
+19.4%
5+ $261.5K$815K
+211.7%

Summary: 72143 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 69.8%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes increased by 19.4%, and 5+ bedroom homes increased by 211.7%.

Housing Supply in 72143, AR

How many homes are available in 72143, AR?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
143132-7.7%

Summary: The 72143 real estate market had 132 homes for sale in November 2024, a 7.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 1715
-11.8%
3 6969
0.0%
4 4838
-20.8%
5+ 89
+12.5%

Summary: The 72143 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 decreased by 11.8%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 20.8%, and 5+ bedroom homes increased by 12.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4029-27.5%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 72143, you may be able to get a good deal. 63% of homes here sold below asking price last month.

Summary: A total of 29 homes were sold or pending in 72143 in November 2024, down by 27.5% month-over-month. Of the 27 sold homes, 63% were sold under asking, 33% were sold at asking, and 4% were sold over asking.

Days on Market for 72143, 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 72143, AR

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