Is 72722, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 72722 is a buyer's market

Buyer's
Market

Difference Since December 2023

At the same time last year, 72722 was a Seller's Market.

Key Takeaway

72722 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 72722, AR

How much do homes in 72722, AR cost?

Median Sold Price

$200,000

$166/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$20,000(+11.1%)

Key Takeaway

Homes in 72722 have sold for 11.1% more than they did a year ago.

Summary: The median home sold price in 72722 was $200,000 in December 2024, up 11.1% from last year, and the median price per square foot was $166.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $132.5K$309.3K
+133.5%
2 $140K$167.5K
+19.6%
3 $180K$197K
+9.4%
4 $359K$456.6K
+27.2%
5+ $869.1K-
N/A

Summary: 72722 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 133.5%, 2 bedroom homes increased by 19.6%, 3 bedroom homes increased by 9.4%, 4 bedroom homes increased by 27.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

72736
+11.4%
72722
+11.1%
72712
+8.4%
72734
+4.3%

Housing Supply in 72722, AR

How many homes are available in 72722, AR?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1713-23.5%

Summary: The 72722 real estate market had 13 homes for sale in December 2024, a 23.5% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 65
-16.7%
4 43
-25.0%
5+ 43
-25.0%

Summary: The 72722 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 decreased by 33.3%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
21-50.0%

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 72722, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in 72722 in December 2024, down by 50.0% month-over-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 72722, AR

How long does it take to sell a home in 72722, AR?

Average Sale Time

Dec 2023Dec 2024CHANGE
66 Days44 Days-34.1%

Summary: Homes in 72722 had an average of 44 days on market in Dec 2024, down by 34.1% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 72722 has remained consistent over time.

Summary: During December 2024, 1 homes were sold in 72722; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

Newest Listings in 72722, AR

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