Is 72461, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 72461 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 72461 was a Neutral Market.

Key Takeaway

72461 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 72461, AR

How much do homes in 72461, AR cost?

Median Sold Price

$77,450

$53/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$12,450(+19.2%)

Key Takeaway

Homes in 72461 have sold for 19.2% more than they did a month ago.

Summary: The median home sold price in 72461 was $77,450 in October 2024, up 19.2% from last month, and the median price per square foot was $53.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$75K
N/A
3 $65K$300K
+361.5%
4 --
N/A
5+ --
N/A

Summary: 72461 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 did not change, 3 bedroom homes increased by 361.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

72461
+19.2%
72443
0.0%
72454
-43.9%

Housing Supply in 72461, AR

How many homes are available in 72461, AR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1415+7.1%

Summary: The 72461 real estate market had 15 homes for sale in October 2024, a 7.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 66
0.0%
3 78
+14.3%
4 11
0.0%
5+ 00
0.0%

Summary: The 72461 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 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

4 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 72461, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 72461 in October 2024, up by 100.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 72461, 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 13 Days Ago

Newest Listings in 72461, AR

Nearby Markets to 72461, AR