Is 72160, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 72160 is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, 72160 was a Buyer's Market.

Key Takeaway

72160 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 72160, AR

How much do homes in 72160, AR cost?

Median Sold Price

$277,500

$119/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$123,500(+80.2%)

Key Takeaway

Homes in 72160 have sold for 80.2% more than they did a month ago.

Summary: The median home sold price in 72160 was $277,500 in November 2024, up 80.2% from last month, and the median price per square foot was $119.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $184K$280K
+52.2%
4 $154K$165K
+7.1%
5+ -$350K
N/A

Summary: 72160 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 did not change, 3 bedroom homes increased by 52.2%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes did not change.

Housing Supply in 72160, AR

How many homes are available in 72160, AR?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2932+10.3%

Summary: The 72160 real estate market had 32 homes for sale in November 2024, a 10.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 1616
0.0%
4 911
+22.2%
5+ 33
0.0%

Summary: The 72160 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 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
35+66.7%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 72160, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 72160 in November 2024, up by 66.7% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for 72160, 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 22 Days Ago

Newest Listings in 72160, AR

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