Is 72211, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 72211 is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, 72211 was a Seller's Market.

Key Takeaway

72211 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 72211, AR

How much do homes in 72211, AR cost?

Median Sold Price

$240,000

$147/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$33,500(-12.2%)

Key Takeaway

Homes in 72211 have sold for 12.2% less than they did a month ago.

Summary: The median home sold price in 72211 was $240,000 in October 2024, down 12.2% from last month, and the median price per square foot was $147.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $190.4K$165K
-13.4%
3 $255.8K$270K
+5.5%
4 $413.5K$256K
-38.1%
5+ $623.5K-
N/A

Summary: 72211 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 decreased by 13.4%, 3 bedroom homes increased by 5.5%, 4 bedroom homes decreased by 38.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

72205
+12.3%
72212
-6.7%
72227
-9.3%
72204
-10.2%
72211
-12.2%

Housing Supply in 72211, AR

How many homes are available in 72211, AR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
9394+1.1%

Summary: The 72211 real estate market had 94 homes for sale in October 2024, a 1.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1010
0.0%
3 5151
0.0%
4 2830
+7.1%
5+ 43
-25.0%

Summary: The 72211 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 remained the same, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2816-42.9%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 72211, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in 72211 in October 2024, down by 42.9% month-over-month. Of the 14 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.

Days on Market for 72211, 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 20 Days Ago

Newest Listings in 72211, AR

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