$3,799 Closing Credit*
$319,900
1,343 SqFt
2 Beds
•1 Full Bath
#24045355, Kerry Ellison, Listing Office: Keller Williams Realty LR Branch
Is 72206, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 72206 was a Neutral Market.
Key Takeaway
72206 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 72206, AR
How much do homes in 72206, AR cost?
Median Sold Price
$75,000
$66/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$68,000(-47.6%)
Key Takeaway
Homes in 72206 have sold for 47.6% less than they did a month ago.
Summary: The median home sold price in 72206 was $75,000 in November 2024, down 47.6% from last month, and the median price per square foot was $66.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $120K | $179K | +49.2% |
| 2 Bedrooms | $149.9K | $31K | -79.3% |
| 3 Bedrooms | $70K | $75K | +7.1% |
| 4 Bedrooms | $187.5K | $127.5K | -32.0% |
| 5+ Bedrooms | - | - | N/A |
Summary: 72206 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes increased by 49.2%, 2 bedroom homes decreased by 79.3%, 3 bedroom homes increased by 7.1%, 4 bedroom homes decreased by 32%, and 5+ bedroom homes did not change.
Housing Supply in 72206, AR
How many homes are available in 72206, AR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 82 | 83 | +1.2% |
Summary: The 72206 real estate market had 83 homes for sale in November 2024, a 1.2% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 6 | 8 | +33.3% |
| 3 Bedrooms | 46 | 49 | +6.5% |
| 4 Bedrooms | 23 | 20 | -13.0% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The 72206 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 6.5%, 4 bedroom homes decreased by 13%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 10 | -23.1% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 72206, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in 72206 in November 2024, down by 23.1% month-over-month. Of the 9 sold homes, 67% were sold under asking, 22% were sold at asking, and 11% were sold over asking.
Days on Market for 72206, 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.