Is 72411, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 72411 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 72411 was a Neutral Market.

Key Takeaway

72411 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 72411, AR

How much do homes in 72411, AR cost?

Median Sold Price

$144,000

$134/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$48,300(+50.5%)

Key Takeaway

Homes in 72411 have sold for 50.5% more than they did a month ago.

Summary: The median home sold price in 72411 was $144,000 in November 2024, up 50.5% from last month, and the median price per square foot was $134.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $95.7K$55K
-42.5%
3 -$264.5K
N/A
4 --
N/A
5+ --
N/A

Summary: 72411 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 42.5%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

72411
+50.5%
72472
+28.5%
72401
+12.5%
72404
-7.5%

Housing Supply in 72411, AR

How many homes are available in 72411, AR?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
660.0%

Summary: The 72411 real estate market had 6 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 34
+33.3%
4 00
0.0%
5+ 00
0.0%

Summary: The 72411 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 decreased by 33.3%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 72411, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 72411 in November 2024, up by 200.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 72411, 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 17 Days Ago

Newest Listings in 72411, AR

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