$69,900
2.15 Acres
Land
Listing Office: Lindsey & Associates Inc
Is 72744, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 72744 has remained a Seller's Market.
Key Takeaway
72744 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 72744, AR
How much do homes in 72744, AR cost?
Median Sold Price
$227,499
$161/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$4,500(-1.9%)
Key Takeaway
Homes in 72744 have sold for 1.9% less than they did a year ago.
Summary: The median home sold price in 72744 was $227,499 in October 2024, down 1.9% from last year, and the median price per square foot was $161.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $144.1K | $146K | +1.3% |
| 3 Bedrooms | $224.7K | $230K | +2.3% |
| 4 Bedrooms | $375K | $255K | -32.0% |
| 5+ Bedrooms | $605K | $396.2K | -34.5% |
Summary: 72744 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 increased by 1.3%, 3 bedroom homes increased by 2.3%, 4 bedroom homes decreased by 32%, and 5+ bedroom homes decreased by 34.5%.
Median Sold Price Compared To Nearby Zip Codes
| 72753 | $300K | $312K | +4.0% |
| 72744 | $232K | $227.4K | -1.9% |
Housing Supply in 72744, AR
How many homes are available in 72744, AR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 33 | 33 | 0.0% |
Summary: The 72744 real estate market had 33 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 21 | 22 | +4.8% |
| 4 Bedrooms | 7 | 6 | -14.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 72744 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 4.8%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 6 | +20.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 72744, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in 72744 in October 2024, up by 20.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 33% were sold at asking, and 50% were sold over asking.
Days on Market for 72744, AR
How long does it take to sell a home in 72744, AR?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 87 Days | 119 Days | +35.7% |
Summary: Homes in 72744 had an average of 119 days on market in Oct 2024, up by 35.7% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 72744 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 6 homes were sold in 72744; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% 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.