Is 72732, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 72732 is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, 72732 has remained a Buyer's Market.

Key Takeaway

72732 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 72732, AR

How much do homes in 72732, AR cost?

Median Sold Price

$522,300

$287/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$17,300(+3.4%)

Key Takeaway

Homes in 72732 have sold for 3.4% more than they did a year ago.

Summary: The median home sold price in 72732 was $522,300 in November 2024, up 3.4% from last year, and the median price per square foot was $287.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $187.5K$310K
+65.3%
2 $386.4K$332.5K
-14.0%
3 $439.9K$575K
+30.7%
4 $760K$605K
-20.4%
5+ $1.1M$1.2M
+9.1%

Summary: 72732 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 65.3%, 2 bedroom homes decreased by 14%, 3 bedroom homes increased by 30.7%, 4 bedroom homes decreased by 20.4%, and 5+ bedroom homes increased by 9.1%.

Median Sold Price Compared To Nearby Zip Codes

72631
+16.1%
72756
+9.4%
72732
+3.4%
72751
-0.8%

Housing Supply in 72732, AR

How many homes are available in 72732, AR?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
56560.0%

Summary: The 72732 real estate market had 56 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 23
+50.0%
3 3028
-6.7%
4 1618
+12.5%
5+ 77
0.0%

Summary: The 72732 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
64-33.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 72732, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 72732 in November 2024, down by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for 72732, AR

How long does it take to sell a home in 72732, AR?

Average Sale Time

Nov 2023Nov 2024CHANGE
119 Days79 Days-33.2%

Summary: Homes in 72732 had an average of 79 days on market in Nov 2024, down by 33.2% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 72732 has remained consistent over time.

Summary: During November 2024, 4 homes were sold in 72732; 0% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 25% 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 17 Days Ago

Newest Listings in 72732, AR

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