$4,121 Closing Credit*
$347,000
1,529 SqFt
3 Beds
•2 Full Baths
Listing Office: Keller Williams Market Pro Realty Branch Office
Is 72704, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 72704 was a Seller's Market.
Key Takeaway
72704 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 72704, AR
How much do homes in 72704, AR cost?
Median Sold Price
$335,000
$201/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$235(+0.1%)
Key Takeaway
The sold price of homes in 72704 has remained the same since last year.
Summary: The median home sold price in 72704 was $335,000 in November 2024, up 0.1% from last year, and the median price per square foot was $201.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $155K | $166.5K | +7.4% |
| 2 Bedrooms | $260K | $277.5K | +6.7% |
| 3 Bedrooms | $309.9K | $315K | +1.6% |
| 4 Bedrooms | $430K | $425K | -1.2% |
| 5+ Bedrooms | $578.2K | $800K | +38.3% |
Summary: 72704 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.4%, 2 bedroom homes increased by 6.7%, 3 bedroom homes increased by 1.6%, 4 bedroom homes decreased by 1.2%, and 5+ bedroom homes increased by 38.3%.
Housing Supply in 72704, AR
How many homes are available in 72704, AR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 189 | 204 | +7.9% |
Summary: The 72704 real estate market had 204 homes for sale in November 2024, a 7.9% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 13 | 10 | -23.1% |
| 3 Bedrooms | 110 | 123 | +11.8% |
| 4 Bedrooms | 51 | 55 | +7.8% |
| 5+ Bedrooms | 14 | 15 | +7.1% |
Summary: The 72704 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 decreased by 23.1%, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 7.8%, and 5+ bedroom homes increased by 7.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 30 | 32 | +6.7% |
Asking Price vs. Sold Price
22 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 72704, you may be able to get a good deal. 68.8% of homes here sold below asking price last month.
Summary: A total of 32 homes were sold or pending in 72704 in November 2024, up by 6.7% month-over-month. Of the 32 sold homes, 69% were sold under asking, 22% were sold at asking, and 9% were sold over asking.
Days on Market for 72704, AR
How long does it take to sell a home in 72704, AR?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 78 Days | 86 Days | +11.2% |
Summary: Homes in 72704 had an average of 86 days on market in Nov 2024, up by 11.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
18 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 72704 has remained consistent over time.
Summary: During November 2024, 32 homes were sold in 72704; 6% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 38% 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 © 2024 Northwest Arkansas Board of Realtors All rights reserved.