$5,522 Closing Credit*
$465,000
3,300 SqFt
4 Beds
•4 Full Baths
#24045390, Scott Fader, Listing Office: Joseph Walter Realty, LLC
Is 72223, 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, 72223 was a Seller's Market.
Key Takeaway
72223 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 72223, AR
How much do homes in 72223, AR cost?
Median Sold Price
$410,000
$188/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$181,000(-30.6%)
Key Takeaway
Homes in 72223 have sold for 30.6% less than they did a month ago.
Summary: The median home sold price in 72223 was $410,000 in November 2024, down 30.6% from last month, and the median price per square foot was $188.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $320K | $285K | -10.9% |
| 3 Bedrooms | $387.4K | $394.9K | +1.9% |
| 4 Bedrooms | $597K | $450K | -24.6% |
| 5+ Bedrooms | $697.5K | $535K | -23.3% |
Summary: 72223 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 10.9%, 3 bedroom homes increased by 1.9%, 4 bedroom homes decreased by 24.6%, and 5+ bedroom homes decreased by 23.3%.
Housing Supply in 72223, AR
How many homes are available in 72223, AR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 159 | 159 | 0.0% |
Summary: The 72223 real estate market had 159 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 6 | 6 | 0.0% |
| 3 Bedrooms | 61 | 63 | +3.3% |
| 4 Bedrooms | 69 | 62 | -10.1% |
| 5+ Bedrooms | 22 | 27 | +22.7% |
Summary: The 72223 housing inventory by bedroom type for November 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 3.3%, 4 bedroom homes decreased by 10.1%, and 5+ bedroom homes increased by 22.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 37 | 25 | -32.4% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 72223, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 25 homes were sold or pending in 72223 in November 2024, down by 32.4% month-over-month. Of the 25 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for 72223, 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.