Is 72662, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 72662 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 72662 was a Neutral Market.

Key Takeaway

72662 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 72662, AR

How much do homes in 72662, AR cost?

Median Sold Price

$266,000

$145/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$30,500(-10.3%)

Key Takeaway

Homes in 72662 have sold for 10.3% less than they did a year ago.

Summary: The median home sold price in 72662 was $266,000 in November 2024, down 10.3% from last year, and the median price per square foot was $145.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $116K$297K
+156.0%
2 $225K$199.9K
-11.2%
3 $330K$228K
-30.9%
4 $300K$467K
+55.7%
5+ $937.4K$512.5K
-45.3%

Summary: 72662 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 156%, 2 bedroom homes decreased by 11.2%, 3 bedroom homes decreased by 30.9%, 4 bedroom homes increased by 55.7%, and 5+ bedroom homes decreased by 45.3%.

Median Sold Price Compared To Nearby Zip Codes

72644
+17.5%
72662
-10.3%

Housing Supply in 72662, AR

How many homes are available in 72662, AR?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
78+14.3%

Summary: The 72662 real estate market had 8 homes for sale in November 2024, a 14.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 00
0.0%
3 23
+50.0%
4 44
0.0%
5+ 00
0.0%

Summary: The 72662 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 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
21-50.0%

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 72662, 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 72662 in November 2024, down by 50.0% 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 72662, 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 3 Days Ago

Newest Listings in 72662, AR

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