Is 72212, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 72212 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 72212 has remained a Seller's Market.

Key Takeaway

72212 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 72212, AR

How much do homes in 72212, AR cost?

Median Sold Price

$293,000

$143/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$21,000(-6.7%)

Key Takeaway

Homes in 72212 have sold for 6.7% less than they did a month ago.

Summary: The median home sold price in 72212 was $293,000 in October 2024, down 6.7% from last month, and the median price per square foot was $143.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $314K$158.5K
-49.5%
3 $263K$255K
-3.0%
4 $652.5K$372.4K
-42.9%
5+ $550K-
N/A

Summary: 72212 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 49.5%, 3 bedroom homes decreased by 3%, 4 bedroom homes decreased by 42.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

72223
+25.5%
72212
-6.7%
72227
-9.3%
72211
-12.2%

Housing Supply in 72212, AR

How many homes are available in 72212, AR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7084+20.0%

Summary: The 72212 real estate market had 84 homes for sale in October 2024, a 20.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 66
0.0%
3 2631
+19.2%
4 2535
+40.0%
5+ 1312
-7.7%

Summary: The 72212 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 increased by 19.2%, 4 bedroom homes increased by 40%, and 5+ bedroom homes decreased by 7.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
15150.0%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 72212, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in 72212 in October 2024, the same as the previous month. Of the 15 sold homes, 60% were sold under asking, 33% were sold at asking, and 7% were sold over asking.

Days on Market for 72212, 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 72212, AR

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