$9,738 Closing Credit*
$820,000
1,890 SqFt
3 Beds
•3 Full Baths, 1 Partial
Listing Office: Portfolio Sotheby's International Realty
Is 72631, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, 72631 was a Seller's Market.
Key Takeaway
72631 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 72631, AR
How much do homes in 72631, AR cost?
Median Sold Price
$325,000
$171/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$45,000(+16.1%)
Key Takeaway
Homes in 72631 have sold for 16.1% more than they did a year ago.
Summary: The median home sold price in 72631 was $325,000 in December 2024, up 16.1% from last year, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $132.7K | - | N/A |
| 2 Bedrooms | $195K | $235.2K | +20.6% |
| 3 Bedrooms | $279K | $327.5K | +17.4% |
| 4 Bedrooms | $377.5K | $447.5K | +18.5% |
| 5+ Bedrooms | $692.5K | $537.5K | -22.4% |
Summary: 72631 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 20.6%, 3 bedroom homes increased by 17.4%, 4 bedroom homes increased by 18.5%, and 5+ bedroom homes decreased by 22.4%.
Housing Supply in 72631, AR
How many homes are available in 72631, AR?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 66 | 57 | -13.6% |
Summary: The 72631 real estate market had 57 homes for sale in December 2024, a 13.6% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 12 | 11 | -8.3% |
| 3 Bedrooms | 29 | 27 | -6.9% |
| 4 Bedrooms | 18 | 13 | -27.8% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The 72631 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 8.3%, 3 bedroom homes decreased by 6.9%, 4 bedroom homes decreased by 27.8%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 7 | 8 | +14.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 72631, you may be able to get a good deal. 87.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in 72631 in December 2024, up by 14.3% month-over-month. Of the 8 sold homes, 88% were sold under asking, 13% were sold at asking, and 0% were sold over asking.
Days on Market for 72631, AR
How long does it take to sell a home in 72631, AR?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 65 Days | 105 Days | +61.8% |
Summary: Homes in 72631 had an average of 105 days on market in Dec 2024, up by 61.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 72631 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During December 2024, 8 homes were sold in 72631; 13% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 63% of homes were sold over 90 days.
Disclaimer: 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 the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright © 2025 Northwest Arkansas Board of Realtors All rights reserved.
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© 2025 Cooperative Arkansas Realtors MLS. All Rights Reserved.