Is 72173, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 72173 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 72173 has remained a Seller's Market.

Key Takeaway

72173 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 72173, AR

How much do homes in 72173, AR cost?

Median Sold Price

$259,999

$145/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

-$46,751(-15.2%)

Key Takeaway

Homes in 72173 have sold for 15.2% less than they did a month ago.

Summary: The median home sold price in 72173 was $259,999 in December 2024, down 15.2% from last month, and the median price per square foot was $145.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 $199K$225K
+13.1%
4 $306.7K$337K
+9.9%
5+ $615K-
N/A

Summary: 72173 housing prices by bedroom type for December 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 13.1%, 4 bedroom homes increased by 9.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

72111
+31.0%
72032
+1.1%
72173
-15.2%

Housing Supply in 72173, AR

How many homes are available in 72173, AR?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
3330-9.1%

Summary: The 72173 real estate market had 30 homes for sale in December 2024, a 9.1% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 00
0.0%
3 910
+11.1%
4 2017
-15.0%
5+ 43
-25.0%

Summary: The 72173 housing inventory by bedroom type for December 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 11.1%, 4 bedroom homes decreased by 15%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
76-14.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 72173, expect to pay close to the asking price. 80% of homes here sold near the asking price last month.

Summary: A total of 6 homes were sold or pending in 72173 in December 2024, down by 14.3% month-over-month. Of the 5 sold homes, 0% were sold under asking, 80% were sold at asking, and 20% were sold over asking.

Days on Market for 72173, 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 2 Days Ago

Newest Listings in 72173, AR

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