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

$420,000

$165/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$119,000(+39.5%)

Key Takeaway

Homes in 72173 have sold for 39.5% more than they did a month ago.

Summary: The median home sold price in 72173 was $420,000 in October 2024, up 39.5% from last month, and the median price per square foot was $165.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $230K$237K
+3.0%
4 $363.5K$416K
+14.4%
5+ -$690K
N/A

Summary: 72173 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 3%, 4 bedroom homes increased by 14.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

72173
+39.5%
72047
+8.3%
72032
-5.4%

Housing Supply in 72173, AR

How many homes are available in 72173, AR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4443-2.3%

Summary: The 72173 real estate market had 43 homes for sale in October 2024, a 2.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1312
-7.7%
4 2525
0.0%
5+ 66
0.0%

Summary: The 72173 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 7.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
815+87.5%

Asking Price vs. Sold Price

8 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, you may be able to get a good deal. 61.5% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in 72173 in October 2024, up by 87.5% month-over-month. Of the 13 sold homes, 62% were sold under asking, 31% were sold at asking, and 8% 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 21 Days Ago

Newest Listings in 72173, AR

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