Is 72542, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 72542 is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, 72542 was a Neutral Market.

Key Takeaway

72542 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 72542, AR

How much do homes in 72542, AR cost?

Median Sold Price

$70,500

$110/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$69,500(-49.6%)

Key Takeaway

Homes in 72542 have sold for 49.6% less than they did a month ago.

Summary: The median home sold price in 72542 was $70,500 in November 2024, down 49.6% from last month, and the median price per square foot was $110.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $125K$38K
-69.6%
2 $370K$70.5K
-80.9%
3 $149.9K-
N/A
4 $132K$315K
+138.6%
5+ --
N/A

Summary: 72542 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 69.6%, 2 bedroom homes decreased by 80.9%, 3 bedroom homes did not change, 4 bedroom homes increased by 138.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

72554
+304.9%
72513
+75.1%
72529
-10.1%
72542
-49.6%

Housing Supply in 72542, AR

How many homes are available in 72542, AR?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3834-10.5%

Summary: The 72542 real estate market had 34 homes for sale in November 2024, a 10.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 44
0.0%
2 1212
0.0%
3 128
-33.3%
4 77
0.0%
5+ 33
0.0%

Summary: The 72542 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 decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
65-16.7%

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 72542, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 72542 in November 2024, down by 16.7% 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 72542, 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 72542, AR

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