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

$199,000

$107/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$109,000(-35.4%)

Key Takeaway

Homes in 72560 have sold for 35.4% less than they did a month ago.

Summary: The median home sold price in 72560 was $199,000 in November 2024, down 35.4% from last month, and the median price per square foot was $107.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $180K$194K
+7.8%
2 -$178.5K
N/A
3 $308K$199K
-35.4%
4 $496.1K-
N/A
5+ -$249K
N/A

Summary: 72560 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes increased by 7.8%, 2 bedroom homes did not change, 3 bedroom homes decreased by 35.4%, 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

Oct 2024Nov 2024CHANGE
6468+6.3%

Summary: The 72560 real estate market had 68 homes for sale in November 2024, a 6.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 54
-20.0%
2 1722
+29.4%
3 3432
-5.9%
4 68
+33.3%
5+ 22
0.0%

Summary: The 72560 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 29.4%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
69+50.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 72560, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in 72560 in November 2024, up by 50.0% month-over-month. Of the 9 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% 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 19 Days Ago

Newest Listings in 72560, AR

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