$2,789 Closing Credit*
$234,900
1,878 SqFt
4 Beds
•2 Full Baths, 1 Partial
Listing Office: Lindsey & Assoc Inc Branch
Is 72638, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 72638 has remained a Seller's Market.
Key Takeaway
72638 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 72638, AR
How much do homes in 72638, AR cost?
Median Sold Price
$212,750
$140/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$41,750(+24.4%)
Key Takeaway
Homes in 72638 have sold for 24.4% more than they did a year ago.
Summary: The median home sold price in 72638 was $212,750 in November 2024, up 24.4% from last year, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $105K | $129.9K | +23.7% |
| 3 Bedrooms | $188.5K | $205.2K | +8.9% |
| 4 Bedrooms | $130K | $221.5K | +70.4% |
| 5+ Bedrooms | $300K | $155K | -48.3% |
Summary: 72638 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 23.7%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 70.4%, and 5+ bedroom homes decreased by 48.3%.
Median Sold Price Compared To Nearby Zip Codes
| 72638 | $171K | $212.7K | +24.4% |
| 72616 | $216.5K | $190K | -12.2% |
Housing Supply in 72638, AR
How many homes are available in 72638, AR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 13 | +8.3% |
Summary: The 72638 real estate market had 13 homes for sale in November 2024, a 8.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 10 | 11 | +10.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 72638 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 increased by 10%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 72638, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in 72638 in November 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for 72638, AR
How long does it take to sell a home in 72638, AR?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 134 Days | 63 Days | -53.0% |
Summary: Homes in 72638 had an average of 63 days on market in Nov 2024, down by 53% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 72638 has remained consistent over time.
Summary: During November 2024, 3 homes were sold in 72638; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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.