Is 72650, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 72650 is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, 72650 was a Seller's Market.

Key Takeaway

72650 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 72650, AR

How much do homes in 72650, AR cost?

Median Sold Price

$40,000

$23/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$119,900(-75.0%)

Key Takeaway

Homes in 72650 have sold for 75% less than they did a month ago.

Summary: The median home sold price in 72650 was $40,000 in October 2024, down 75% from last month, and the median price per square foot was $23.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $159.9K-
N/A
3 $67K$40K
-40.3%
4 --
N/A
5+ $164.5K-
N/A

Summary: 72650 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 40.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

72675
+6.7%
72650
-75.0%

Housing Supply in 72650, AR

How many homes are available in 72650, AR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1518+20.0%

Summary: The 72650 real estate market had 18 homes for sale in October 2024, a 20.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 23
+50.0%
2 35
+66.7%
3 56
+20.0%
4 22
0.0%
5+ 32
-33.3%

Summary: The 72650 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 66.7%, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 72650, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 72650 in October 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 72650, 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 20 Days Ago

Newest Listings in 72650, AR

Nearby Markets to 72650, AR