$1,009 Closing Credit*
$85,000
4,148 SqFt
#24043242, Barry Holmes, Listing Office: McKimmey Associates REALTORS NLR
Is 72202, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 72202 has remained a Buyer's Market.
Key Takeaway
72202 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 72202, AR
How much do homes in 72202, AR cost?
Median Sold Price
$150,000
$146/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$40,000(-21.1%)
Key Takeaway
Homes in 72202 have sold for 21.1% less than they did a month ago.
Summary: The median home sold price in 72202 was $150,000 in November 2024, down 21.1% from last month, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $190K | $110K | -42.1% |
| 2 Bedrooms | $118.4K | $300K | +153.4% |
| 3 Bedrooms | $179.9K | $107K | -40.6% |
| 4 Bedrooms | $995K | $290K | -70.9% |
| 5+ Bedrooms | - | - | N/A |
Summary: 72202 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 42.1%, 2 bedroom homes increased by 153.4%, 3 bedroom homes decreased by 40.6%, 4 bedroom homes decreased by 70.9%, and 5+ bedroom homes did not change.
Housing Supply in 72202, AR
How many homes are available in 72202, AR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 63 | 64 | +1.6% |
Summary: The 72202 real estate market had 64 homes for sale in November 2024, a 1.6% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 9 | +12.5% |
| 2 Bedrooms | 21 | 21 | 0.0% |
| 3 Bedrooms | 24 | 25 | +4.2% |
| 4 Bedrooms | 10 | 9 | -10.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 72202 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.5%, 2 bedroom homes remained the same, 3 bedroom homes increased by 4.2%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 6 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 72202, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.
Summary: A total of 6 homes were sold or pending in 72202 in November 2024, the same as the previous month. Of the 5 sold homes, 20% were sold under asking, 60% were sold at asking, and 20% were sold over asking.
Days on Market for 72202, AR
We’re sorry, we don't have information for this market at the moment
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Cooperative Arkansas REALTORS® Multiple Listing Services, Inc. Real estate listings, held by brokerage firms other than this broker, are marked with the Broker Reciprocity℠ logo and information about them includes the name of the listing brokers. The IDX information is provided exclusively for consumers’ personal, non-commercial use that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2024 Cooperative Arkansas Realtors MLS. All Rights Reserved.