Is 72736, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 72736 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 72736 was a Neutral Market.

Key Takeaway

72736 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 72736, AR

How much do homes in 72736, AR cost?

Median Sold Price

$287,865

$177/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$30,635(-9.6%)

Key Takeaway

Homes in 72736 have sold for 9.6% less than they did a year ago.

Summary: The median home sold price in 72736 was $287,865 in October 2024, down 9.6% from last year, and the median price per square foot was $177.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $144.5K-
N/A
2 $187.7K$170K
-9.5%
3 $272K$267.2K
-1.8%
4 $390K$385.4K
-1.2%
5+ $670K$723K
+7.9%

Summary: 72736 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 9.5%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes decreased by 1.2%, and 5+ bedroom homes increased by 7.9%.

Housing Supply in 72736, AR

How many homes are available in 72736, AR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4345+4.7%

Summary: The 72736 real estate market had 45 homes for sale in October 2024, a 4.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 76
-14.3%
3 1620
+25.0%
4 1715
-11.8%
5+ 33
0.0%

Summary: The 72736 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 11.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
65-16.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

4 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 72736, expect to pay close to the asking price. 80% of homes here sold near the asking price last month.

Summary: A total of 5 homes were sold or pending in 72736 in October 2024, down by 16.7% month-over-month. Of the 5 sold homes, 20% were sold under asking, 80% were sold at asking, and 0% were sold over asking.

Days on Market for 72736, AR

How long does it take to sell a home in 72736, AR?

Average Sale Time

Oct 2023Oct 2024CHANGE
63 Days47 Days-25.1%

Summary: Homes in 72736 had an average of 47 days on market in Oct 2024, down by 25.1% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

5 Homes Were 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 72736 has remained consistent over time.

Summary: During October 2024, 5 homes were sold in 72736; 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 20 Days Ago

Newest Listings in 72736, AR

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