$2,969 Closing Credit*
$250,000
1,116 SqFt
2 Beds
•1 Full Bath
Listing Office: Keller Williams Market Pro Realty
Is 72727, 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, 72727 was a Seller's Market.
Key Takeaway
72727 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 72727, AR
How much do homes in 72727, AR cost?
Median Sold Price
$270,000
$180/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$20,000(+8.0%)
Key Takeaway
Homes in 72727 have sold for 8% more than they did a year ago.
Summary: The median home sold price in 72727 was $270,000 in November 2024, up 8% from last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $194.5K | $250K | +28.5% |
| 3 Bedrooms | $243.5K | $260.2K | +6.9% |
| 4 Bedrooms | $291.5K | $289K | -0.9% |
| 5+ Bedrooms | $444.4K | $1.6M | +275.1% |
Summary: 72727 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 28.5%, 3 bedroom homes increased by 6.9%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes increased by 275.1%.
Median Sold Price Compared To Nearby Zip Codes
| 72727 | $250K | $270K | +8.0% |
| 72701 | $382.2K | $402.1K | +5.2% |
Housing Supply in 72727, AR
How many homes are available in 72727, AR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 43 | 39 | -9.3% |
Summary: The 72727 real estate market had 39 homes for sale in November 2024, a 9.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 26 | 22 | -15.4% |
| 4 Bedrooms | 10 | 10 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 72727 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 decreased by 15.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 5 | -44.4% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 72727, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 72727 in November 2024, down by 44.4% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for 72727, AR
How long does it take to sell a home in 72727, AR?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 44 Days | 83 Days | +87.3% |
Summary: Homes in 72727 had an average of 83 days on market in Nov 2024, up by 87.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 72727 has remained consistent over time.
Summary: During November 2024, 5 homes were sold in 72727; 0% of homes were sold within 30 days, 80% of homes were sold within 30 to 90 days, and 20% 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.