Is 72560, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 72560 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 72560 has remained a Buyer's Market.

Key Takeaway

72560 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 72560, AR

How much do homes in 72560, AR cost?

Median Sold Price

$308,000

$183/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$60,000(-16.3%)

Key Takeaway

Homes in 72560 have sold for 16.3% less than they did a month ago.

Summary: The median home sold price in 72560 was $308,000 in October 2024, down 16.3% from last month, and the median price per square foot was $183.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 -$180K
N/A
2 $368K-
N/A
3 $326.2K$308K
-5.6%
4 -$496.1K
N/A
5+ --
N/A

Summary: 72560 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 decreased by 5.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 72560, AR

How many homes are available in 72560, AR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6070+16.7%

Summary: The 72560 real estate market had 70 homes for sale in October 2024, a 16.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 56
+20.0%
2 1519
+26.7%
3 3237
+15.6%
4 66
0.0%
5+ 22
0.0%

Summary: The 72560 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 26.7%, 3 bedroom homes increased by 15.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
36+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 72560, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.

Summary: A total of 6 homes were sold or pending in 72560 in October 2024, up by 100.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 60% were sold at asking, and 20% were sold over asking.

Days on Market for 72560, 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 17 Days Ago

Newest Listings in 72560, AR

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