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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 72160 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 72160 has remained a Buyer's Market.

Key Takeaway

72160 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 72160, AR

How much do homes in 72160, AR cost?

Median Sold Price

$154,000

$45/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$81,550(+112.6%)

Key Takeaway

Homes in 72160 have sold for 112.6% more than they did a month ago.

Summary: The median home sold price in 72160 was $154,000 in October 2024, up 112.6% from last month, and the median price per square foot was $45.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $74.9K-
N/A
3 $70K$184K
+162.9%
4 -$154K
N/A
5+ --
N/A

Summary: 72160 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 increased by 162.9%, 4 bedroom homes did not change, 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

Sep 2024Oct 2024CHANGE
2830+7.1%

Summary: The 72160 real estate market had 30 homes for sale in October 2024, a 7.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1716
-5.9%
4 810
+25.0%
5+ 23
+50.0%

Summary: The 72160 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 5.9%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were 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. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 72160 in October 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% 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 21 Days Ago

Newest Listings in 72160, AR

Nearby Markets to 72160, AR