Is 72450, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 72450 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 72450 has remained a Seller's Market.

Key Takeaway

72450 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 72450, AR

How much do homes in 72450, AR cost?

Median Sold Price

$149,900

$113/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$36,600(-19.6%)

Key Takeaway

Homes in 72450 have sold for 19.6% less than they did a month ago.

Summary: The median home sold price in 72450 was $149,900 in November 2024, down 19.6% from last month, and the median price per square foot was $113.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $20.5K-
N/A
2 $205K$104.5K
-49.0%
3 $174.2K$154.7K
-11.2%
4 $257.2K$252.5K
-1.8%
5+ $32K-
N/A

Summary: 72450 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 49%, 3 bedroom homes decreased by 11.2%, 4 bedroom homes decreased by 1.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

72443
+162.4%
72450
-19.6%

Housing Supply in 72450, AR

How many homes are available in 72450, AR?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
191175-8.4%

Summary: The 72450 real estate market had 175 homes for sale in November 2024, a 8.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 2222
0.0%
3 11397
-14.2%
4 4849
+2.1%
5+ 77
0.0%

Summary: The 72450 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 14.2%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
5030-40.0%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 72450, you may be able to get a good deal. 51.7% of homes here sold below asking price last month.

Summary: A total of 30 homes were sold or pending in 72450 in November 2024, down by 40.0% month-over-month. Of the 29 sold homes, 52% were sold under asking, 34% were sold at asking, and 14% were sold over asking.

Days on Market for 72450, 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 22 Days Ago

Newest Listings in 72450, AR

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