$99,900
40.00 Acres
Land
#24045161, Anna Dean, Listing Office: Re/Max Edge Realty Melbourne
Is 72556, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 72556 was a Seller's Market.
Key Takeaway
72556 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 72556, AR
How much do homes in 72556, AR cost?
Median Sold Price
$159,500
$141/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$152,500(-48.9%)
Key Takeaway
Homes in 72556 have sold for 48.9% less than they did a month ago.
Summary: The median home sold price in 72556 was $159,500 in November 2024, down 48.9% from last month, and the median price per square foot was $141.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $244K | $159.5K | -34.6% |
| 3 Bedrooms | $149.9K | $238.6K | +59.2% |
| 4 Bedrooms | $389.9K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 72556 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 34.6%, 3 bedroom homes increased by 59.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 72561 | $116.5K | $545K | +367.8% |
| 72556 | $312K | $159.5K | -48.9% |
Housing Supply in 72556, AR
How many homes are available in 72556, AR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 22 | 23 | +4.5% |
Summary: The 72556 real estate market had 23 homes for sale in November 2024, a 4.5% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 4 | +300.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 13 | 14 | +7.7% |
| 4 Bedrooms | 2 | 0 | -100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 72556 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 300%, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 7.7%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 72556, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 72556 in November 2024, down by 25.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for 72556, AR
We’re sorry, we don't have information for this market at the moment
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Cooperative Arkansas REALTORS® Multiple Listing Services, Inc. Real estate listings, held by brokerage firms other than this broker, are marked with the Broker Reciprocity℠ logo and information about them includes the name of the listing brokers. The IDX information is provided exclusively for consumers’ personal, non-commercial use that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2024 Cooperative Arkansas Realtors MLS. All Rights Reserved.