Is 72529, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 72529 is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, 72529 was a Seller's Market.

Key Takeaway

72529 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 72529, AR

How much do homes in 72529, AR cost?

Median Sold Price

$126,750

$96/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$13,250(-9.5%)

Key Takeaway

Homes in 72529 have sold for 9.5% less than they did a month ago.

Summary: The median home sold price in 72529 was $126,750 in October 2024, down 9.5% from last month, and the median price per square foot was $96.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 -$80K
N/A
2 $79.9K$109.2K
+36.7%
3 $266.9K$152.5K
-42.9%
4 $221.3K$199.9K
-9.7%
5+ --
N/A

Summary: 72529 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 increased by 36.7%, 3 bedroom homes decreased by 42.9%, 4 bedroom homes decreased by 9.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

72529
-9.5%
72542
-25.0%

Housing Supply in 72529, AR

How many homes are available in 72529, AR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
8483-1.2%

Summary: The 72529 real estate market had 83 homes for sale in October 2024, a 1.2% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 4242
0.0%
3 2626
0.0%
4 1310
-23.1%
5+ 34
+33.3%

Summary: The 72529 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 23.1%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1810-44.4%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 72529, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in 72529 in October 2024, down by 44.4% month-over-month. Of the 10 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.

Days on Market for 72529, 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 21 Days Ago

Newest Listings in 72529, AR

Nearby Markets to 72529, AR