Is 72687, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 72687 is a neutral's market

Buyer's
Market

Difference Since December 2023

At the same time last year, 72687 was a Seller's Market.

Key Takeaway

72687 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 72687, AR

How much do homes in 72687, AR cost?

Median Sold Price

$188,000

$125/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$18,100(+10.7%)

Key Takeaway

Homes in 72687 have sold for 10.7% more than they did a year ago.

Summary: The median home sold price in 72687 was $188,000 in December 2024, up 10.7% from last year, and the median price per square foot was $125.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $117.5K$142K
+20.9%
2 $245K$122.5K
-50.0%
3 $169.9K$215K
+26.5%
4 $168.5K$260K
+54.3%
5+ -$160K
N/A

Summary: 72687 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20.9%, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 26.5%, 4 bedroom homes increased by 54.3%, and 5+ bedroom homes did not change.

Housing Supply in 72687, AR

How many homes are available in 72687, AR?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1213+8.3%

Summary: The 72687 real estate market had 13 homes for sale in December 2024, a 8.3% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 11
0.0%
2 44
0.0%
3 77
0.0%
4 01
+100.0%
5+ 00
0.0%

Summary: The 72687 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
220.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 72687, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in 72687 in December 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 72687, 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 2 Days Ago

Newest Listings in 72687, AR

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